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Rocky Mount approves $485,045 downtown grant for May & Gorham redevelopment; city to cover culvert work

2255960 · February 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City council approved a downtown major investment award to support rehabilitation of the May & Gorham building at 101–110 N. Washington St., including a $173,651 city-paid culvert stabilization, with developer investment of about $2.43 million and occupancy aimed for Q3 2026.

Rocky Mount City Council on Feb. 10 approved a downtown major investment award and related budget ordinance to support rehabilitation of the historic May & Gorham building at 101–110 North Washington Street.

The developer, MF Triangles, proposed converting the three-building complex into mixed use with eight apartments and three commercial spaces. City staff said the total project investment is about $2,425,000 and that the city grant requested is $485,045, equal to 20 percent of the project…

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