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Council debates $300,000 \'Spaces to Places\' pilot to fill vacant storefronts; item laid over
Summary
Council discussed a proposed $300,000 pilot to reimburse security deposits and half-rent for new businesses in five commercial districts; some members argued for a $150,000 pilot and raised concerns about using casino funds; the item was laid over for further review.
Council reviewed the "Spaces to Places" proposal, a pilot program that would reimburse security deposits and 50% of rent — up to $20,000 per eligible business — to encourage occupancy of vacant storefronts in five business districts. The program proposed $300,000 in casino funds for 2026–27.
Director Lise said the program aims to place about three projects in each selected district; she listed River District, Miracle Mile, North End, Swift and Midtown as the target areas. Council members questioned the funding level and whether casino funds were the appropriate source; some urged a smaller pilot (suggesting $150,000) and more partnerships with experienced business organizations. Alderman Bell and others argued for continued investment in small businesses and called the plan a necessary tool to spur activity in corridors with high vacancy.
After extended debate about scope, equity and oversight, a motion to lay the item over passed, allowing staff to provide further detail and analysis.
