Series of grants announced to support commercial corridors and economic development activity
Philadelphia, June 18, 2014 – Deputy Mayor for Economic Development and Director of Commerce Alan Greenberger announced a series of grants from the Department of Commerce totaling $141,000 to support commercial corridor enhancement in Philadelphia, including three grants totaling $68,000 to community organizations in support of the Food Trust Night Market program. Tomorrow evening the Ogontz Avenue Revitalization Corporation (OARC) is hosting the West Oak Lane Night Market at 72nd and Ogontz Avenues, supported by a Corridor Enhancement Grant of $18,000.
“The key to strong, vibrant commercial corridors is the type of management and support provided by many of the community development organizations receiving support from the Department of Commerce today,” said Deputy Mayor Alan Greenberger. “In addition to the Night Markets, which have a proven track record of generating economic benefits for communities across Philadelphia, we are supporting a range of other fairs and festivals that will bring vitality and activity to commercial corridors in different parts of our city.”
The West Oak Lane Night Market is one of three remaining Night Markets that will take place in Philadelphia this summer. A 2013 report by Econsult on the eight Night Markets that took place between 2010 and 2012 noted that the events attracted well over 100,000 attendees to neighborhoods all throughout the City and yielding aggregate spending of about $3.2 million, producing more than $5 million of economic impact in Philadelphia.
“We’re thrilled to be working with OARC again and bringing Night Market back to West Oak Lane,” said Diana Iskolsky, Night Market Manager for The Food Trust. “The support from our community partners and from the City of Philadelphia, specifically the Department of Commerce, is key in making these events happen and we’re grateful that we get to continue producing these events and supporting these communities.”
John Ungar, Chief Operating Officer for the Ogontz Avenue Revitalization Corporation, said, “We are thrilled to be hosting a second Night Market in West Oak Lane. Last year’s event brought out a great, diverse crowd of people that might not have otherwise come to see all that this neighborhood has to offer. We’re thankful for the Department of Commerce’s support of this event and their recognition of the value of small businesses.”
Through the Corridor Enhancement Grant program – funded in part through the Department of Community and Economic Development’s Keystone Communities Planning program – the City of Philadelphia’s Department of Commerce provides grants of up to $25,000 to neighborhood organizations addressing economic development needs of a commercial corridor and its surrounding community.
The following five awards were announced today:
- Ogontz Avenue Night Market – June 19th – Ogontz Avenue Revitalization Corporation – $18,000
- Lancaster Avenue Night Market – August 21st – People’s Emergency Center CDC – $25,000
- Mt Airy Street Fare – September 18th – Mt. Airy USA – $25,000
- Chinatown Night Market – October 9th – Philadelphia Chinatown Development Corporation – $25,000
- Old City Festival – October 12th – Old City District – $23,000
In addition, the South Street Headhouse District received a grant of $25,000 in April to support the South Street Spring Festival. Further Corridor Enhancement Grants will be announced in the near future.
For more information on the Department of Commerce and its programs to support small businesses and commercial corridors please visit www.phila.gov/commerce.