Winston HV Cellars

The HV Cellars Project is an Urban Renewal project consisting of the redevelopment/rehabilitation of a derelict building and blighted property at the east entry to the City of Winston on the north side of Hwy 42. The building owner, Terry Luce, converted the old building into a Winery and tasting room for HV Cellars.

Funding/Leverage

  • The Winston URA purchased the building for $90,000 and resold it to the developer for $50,000. The URA also contributed $150,000 toward the in building improvements.
  • The new owner of the Building also contributed $150,000 toward building improvements.

Community Benefits

  • The project put a new face on the entry to the City and adds to the tourism activities in and around the City.
  • The project will ultimately employ 2-4 employees and add additional AV to the urban renewal area.

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Dallas: Blue Garden

The Dallas Urban Renewal Agency awarded a $10,000 facade improvement grant, to the property owner to rehabilitate the front façade of the historic Blue Garden building, located on Main Street in Dallas. The Urban Renewal Façade Grant was in turn used as leverage to secure an additional $20,000 grant from the Oregon Heritage’s Diamonds in the Rough grant program for facade improvements.

Funding/Leverage

  • Total façade improvement costs = $50,762
  • The URA provided a $10,000 grant
  • Private participation = $20,762
  • Other public participation = $20,000

Community Benefits

  • In process of restoring interior to create a new restaurant in Downtown Dallas that will create 5-10 new jobs.
  • Local electrician, painters, tile company were hired to help complete the project.
  • Restored community pride and interest in revitalizing Downtown.
  • Five new businesses have opened in the Downtown since the project was completed.

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Redmond: Cook Crossing

Cook Crossing will have 36 one-bedroom and 12 two-bedroom units. The units range in size from 642 to 980 square feet and will come complete with dishwasher, range, refrigerator, garbage disposal, heat pump, and window coverings. Cook Crossing will offer a place for seniors to live that will provide a full life and opportunity to age in place.

The Project will benefit the Urban Renewal District economically, socially, and aesthetically. Cook Crossing will bring housing to the area, a community space, and a full service medical clinic. The Project will help address City Council and Urban Renewal goals including:

  • Economic Development: The Project helps develop and maintains an environment that promotes and supports a strong, healthy, and diverse economic base.
  • Urban Renewal: The Project invests resources to encourage new business investment in designated blighted areas that will grow the job base and strengthen and diversity the tax base in the area.

Project is under construction and with scheduled completion summer 2017.

Funding/Leverage

  • $12,214,911 Total Project
  • $150,000 Urban Renewal

Community Benefits

  • Bring much needed housing
  • Location central to shopping, dining, & transit
  • Project provides much needed medical clinic

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