9/1/2019 8:20:00 AM City Council To Consider Restaurant Incentive Program
Wayne Howard Staff Writer
When the Lincolnton City Council meets Thursday night (September 5th), they'll consider two proposals that may--if approved--bring a new full-service restaurant to downtown Lincolnton; or the first of the two proposals could help an existing restaurant to expand.
The first of the proposals is a Targeted Incentive Plan, which would provide up to $200,000 for opening a new full-service restaurant in the downtown area. The City would provide funds for specified expenditures on a one-to-one matching basis; and if the restaurant remained in business for five years, the loan would be forgiven.
The Incentive Program could also be used by an exisiting restaurant to expand its operation or by another business (such as a pub or grill) to become a full-service restaurant. The area suggested for the program goes from Government Street to Edwards Street and State Street and includes side streets near Main Street in the Central Business District.
The way the program proposal is written, it's possible that the City could approve more than one loan if funds are available.
A second and separate item on Thursday's agenda involves a proposal for renovation of a city-owned building at 110-116 E. Water Street. The City would accept applications from prospective developers on plans to renovate of the building and for its subsequent re-use as what the proposal calls "a high quality, full service/full menu restaurant."
This is the same location where Pete DeGregory had hoped to open a pub, but those plans stalled.
If you're hoping for a national chain restaurant, forget it. Both proposals are targeted toward a locally owned & operated facility and not a franchise.
Both items are on the agenda for Thursday night (September 5th) at 7 PM at City Hall in the Council meeting room.
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Posted: Wednesday, September 4, 2019
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Here is my recommendation - South Carolina small owner should be brought here! They only have 3 locations. The goodness and tradition of Duke Sandwich Co. can be traced back to Eugenia Duke preparing sandwiches for World War I soldiers — delectably simple spreads that reminded the doughboys of a taste of home. Their 100 year anniversary passed in 2017 I believe and I think it would be a great gift to spread the love here across the border. Once you check them out you might agree. https://www.dukesandwich.com/