Downtown Façade and Building Stabilization Program

Nunziata Holdings LLC190 S. Orange Avenue

April 2017

Downtown Façade and Building Stabilization Program Overview

•Funding for building façade and/or stabilization improvements made to properties encourages reuse of vacant or underutilized properties, improves appearance, and supports the long-term viability of Downtown Orlando.

•Potential funding available to applicants:•Residential buildings

•Up to $5,000 for the North Quarter, Eola, and CBD Planning Areas.•Up to $10,000 for the Parramore Heritage Planning Area.

•Commercial buildings•Up to $20,000 for the North Quarter, Eola, and CBD Planning Areas.•Up to $40,000 for the Parramore Heritage Planning Area.

Downtown Façade and Building Stabilization Program

• Applicant

– Nunziata Holdings LLC

• Site for new Walgreens

• Located in the Downtown Historic District

• Project Address

– 190 S. Orange Avenue

Proposed Improvements –190 S. Orange AvenueThe applicant is requesting $20,000 in DFBSP funding for facade improvements, which include a blade sign and restoration of the front entrance exterior lights. Total project costs estimated at $84,153.

Recommendation

The Façade Grant Review Committee convened on April 12, 2017 and made a recommendation of approval for funding assistance of up to $20,000 to be used towards the proposed improvements to 190 S. Orange Avenue.