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Redevelopment commission approves $400,000 consolidated grant to convert downtown building into eight small suites
Summary
The Milwaukie Redevelopment Commission approved a consolidated $400,000 URA grant to support adaptive reuse at Main & Monroe, converting a large underused building into eight small commercial suites (five leases signed). Staff said the project meets program criteria, includes 50% match from the property owner and will leave about $600,000 in URA funds.
The Milwaukie Redevelopment Commission voted on Dec. 2 to approve a consolidated $400,000 Urban Renewal Agency (URA) grant for an adaptive-reuse project at Main & Monroe that will reconfigure an underused building into eight commercial suites and is intended to activate downtown Main Street.
Sierra Fox, the city—s economic development coordinator, told the commission the applicant met program eligibility (property-owner applicant, verifiable 50% match), had curated tenant prospects and demonstrated catalytic potential for downtown economic activity. The staff analysis noted the consolidated request was allowable…
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