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SL4B Commercial Revitalization Grant
The Commercial Revitalization Grant Program (the “Program”) is a reimbursement grant program offered by the Sugar Land 4B Corporation (“SL4B”) intended to promote new or expanded business enterprises by stimulating redevelopment, reinvestment, and aesthetic improvements of aging retail properties and commercial centers in the City of Sugar Land (the “City”). This pilot program will support the creation of distinct and vibrant activity centers by promoting attractive and welcoming public spaces, renovated storefronts and building facades, and pedestrian-friendly settings.
Grant Details
A reimbursement grant is available for up to 20% of eligible project costs. Minimum investment and grant funding amounts will be determined on a project-by-project basis and will be negotiated with the applicant as part of a performance agreement. Approved applicants are required to complete their project and submit all required reimbursement paperwork to be reimbursed for the grant award amount.
- Who can apply?
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Applicants must be property owners of multi-tenant commercial centers located within the Sugar Land city limits. Properties should be at least (20) years and have at least fifteen thousand (15,000) square feet of gross leasable space.
- What types of projects can I apply with in my proposal?
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Project proposals should include quotes/estimates for a variety of improvements to retail properties/commercial centers, including, but not limited to: facade improvements, exterior treatments such as painting and siding, construction of new site amenities and open space improvements such as plazas, pedestrian improvements such as walkways and outdoor seating, commercial awnings, signage improvements, parking lot improvements, and public art improvements.
- How can I learn more and apply?
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Applicants are encouraged to meet with program staff prior to submitting an application. To request to meet, please email Redevelopment@sugarlandtx.gov. For full program details, please visit the program webpage at https://sugarlandecodev.com/redevelopment/crg-program.