Business district approved for Hillsborough Street
Posted July 15, 2008 5:58 p.m. EDT
Raleigh, N.C. — The City Council on Tuesday approved a resolution creating a Business Improvement District along Hillsborough Street.
The district would stretch from St. Mary's Street near downtown to Meredith College near the Interstate 440 Beltline.
Proponents said the district, which is expected to be operational by next year, could help revitalize the area and guide business owners to programs like Raleigh's façade-rehabilitation grant program.
The program is designed to create a partnership with property owners to improve the outside appearance of older buildings by matching up to $10,000 for the cost of exterior renovations. About 30 businesses downtown have tapped the grant program, but no merchants along Hillsborough Street have taken advantage of it.