Cash boost could help startup retail shops in Raleigh
The Downtown Raleigh Alliance has launched a new grant program to try to speed retail growth downtown. New retail shops or major expansions could get up to $5,000 to help with remodeling costs.Posted — Updated
“It's been a little overwhelming how much it does cost and how much time it takes to get it all together,” Murray said.
“The idea is, if we help them with those costs, which are very expensive startup costs, they can invest that money in other aspects of their business,” King said.
“We want it to be friendly for the residents and a destination place for everybody in Raleigh,” King said. “It should be heartbeat of the city.”
Murray said her new store could open as early as next week, but a grand opening is scheduled for Sept. 2.
The new location is smaller, but Murray plans to carry a broad inventory, including items that cater to the unique downtown market. Murray said she would have supplies for contractors working on nearby projects and also for event organizers who sometimes need supplies quickly during weekend festivals and concerts.
Copyright 2023 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.