On March 17, the Hickory, N.C., City Council voted to give a $25,000 Vacant Building Revitalization Grant to Hickory Printing Group Facility LLC for a building at 542 Main Ave. SE, which will be renovated into a retail self-storage facility. The grant requires matching funds from HPG. The total project is estimated to cost about $606,000, and Earl Finster of Superior Self Storage LLC will develop the property.
The city’s VBR grants were established by the council in September 2008 to provide money for developers seeking to rehabilitate vacant buildings. The city earmarked enough money for 10 grants.
Source: Hickory Daily Record, City chips in $45,000 for renovations of vacant buildings