DOWNTOWN REDMOND REIMAGINED AND REVITALIZED
Since 1995, the City of Redmond has been systematically investing in its downtown infrastructure as outlined in Phase 1 of its downtown revitalization plan. New streetscapes, relocation of the highway, a new city center park, water and sewer infrastructure, and over 100 façade improvements in the historic center are just a few of the notable projects that have transformed the community. In November 2013, the City of Redmond proudly celebrated the completion of the 6th Street construction project, marking the end of Phase 1 and the long reconstruction effort that followed the reroute of Oregon State Highway 97.
With Phase 1 complete, Redmond is now focused on Phase 2 of its downtown revitalization plan and partnering with the private sector to catalyze catalytic retail and entertainment projects, job creation, and housing. In additional to Downtown Urban Renewal District incentive programs like the Façade Rehabilitation and Reimbursement Grant, Design Assistance, and low interest Property Rehabilitation Loans currently available to qualified businesses and building located in the district; Redmond has also initiated a Downtown Jumpstart $500,000 forgivable loan competition. Through a RFP process, developers have been asked to submit proposals that will help stimulate additional investment in Redmond’s downtown to win a $500,000 forgivable loan, forgivable over a period of five years. If successful, Redmond will consider a similar project next year and the year thereafter.
The future of downtown Redmond will rely upon the continued collaboration and cooperation of private property owners, businesses, the residents of Redmond. To learn more about these and other Downtown Urban Renewal District programs, please contact Heather Richards, Community Development Director at (541) 923-7756 or firstname.lastname@example.org.