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Coral Springs approves $50,000 storefront grant for Perf Opco tenant at Coral Square Mall, 4-1
Summary
The Coral Springs City Commission approved a $50,000 building exterior improvement grant for a Perf Opco LLC (doing business as Perfumania) storefront at Coral Square Mall after questions about equity and program capacity left one commissioner opposed.
The Coral Springs City Commission approved a $50,000 reimbursement grant for a Perf Opco LLC tenant renovating a storefront at Coral Square Mall, voting 4-1 on the Economic Development Incentive Program grant application on March 17.
The grant covers a portion of a project the presenter described as “over $100,000” that will demolish the current storefront and install new windows, doors, paint, electrical work and flooring; the applicant qualified for the program’s full $50,000 reimbursement.
The vote followed more than 20 minutes of discussion about program priorities and equity. Commissioner Sarah questioned whether awarding $50,000 to a single tenant in the mall was the best use of annual grant funding and…
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