By 1808Delaware
Downtown Powell is set to receive a significant economic boost in 2025 following the Powell Development Corporation’s (PDC) approval of nearly $300,000 in financial incentives. The funding will support 14 economic development projects, leading to nearly $1 million in downtown investments throughout the year.
Investing in Downtown Growth
The PDC, a non-profit community improvement corporation dedicated to supporting Powell’s economic development, selected projects that aim to strengthen the local economy, create jobs, and enhance the community’s overall vitality. Powell City Manager Andy White emphasized the importance of these initiatives in generating new revenue and fostering business growth.
“Projects were selected which aimed to boost the local economy, create jobs, and stimulate activity that generates new revenue in the community,” White said.
The financial incentives will be distributed across various programs, including ten façade grants, an operational grant, and small business retention and expansion grants. These investments are expected to enhance the visual appeal and business viability of Powell’s downtown area.
Supporting Local Businesses and Enhancing Storefronts
A diverse group of local businesses and organizations were approved to receive funding through the PDC, with a focus on façade improvements and business growth initiatives. The following establishments and projects will benefit from the funding:
- Visit Powell 2025 – Marketing and event operations to promote tourism and local business engagement.
- Nocterra Brewing Co. – Business retention and expansion grants to support its continued success in Powell.
- Façade Grants:
- Kimberly’s Diamond Corner
- Huli Huli
- Espresso 22
- COhatch
- The Locust Table
- Kraft House No. 5
- Oishii Japanese Bistro
- Zenios Properties
- McClurg Properties (78 W. Olentangy St.)
- McClurg Properties (21 and 23 W. Olentangy St.)
These projects will help revitalize key commercial properties, improve the aesthetics of Powell’s downtown district, and support the growth of small businesses.
A Major Investment in Powell’s Future
With nearly $1 million in overall investment tied to these grants, the Powell Development Corporation is taking proactive steps to ensure the long-term success of the city’s downtown area. The infusion of capital into building improvements and business retention is expected to attract more visitors, enhance the local economy, and solidify Powell’s reputation as a vibrant destination for shopping, dining, and entertainment.
These strategic investments align with Powell’s broader efforts to maintain a thriving and dynamic downtown, ensuring a strong foundation for business and community growth in the years to come.
Source: City of Powell
