Civil Municipal - April 2024

the community—testimonies to Newberry’s capacity to nurture and facilitate growth. From fitness centers doubling in size to new restaurants flourishing, the town’s entrepreneurial spirit is palpable. “Beyond It Matters Fitness, Stonehouse restaurant, and a host of smaller businesses have thrived amidst adversity,” Kennard proudly recounts. “And as we look to the future, opportunities abound, particularly in healthcare—a sector primed for growth and investment in our fiercely loyal community.” Thomas elaborates on Newberry’s incentive programs to attract and support targeted industries while fostering economic growth. He highlights the town’s proactive approach to incentivizing investment and emphasizes the diverse benefits available to businesses looking to establish or expand their presence in Newberry. One key incentive is property tax rebates tailored for industries aligned with Newberry’s economic priorities, including agriculture, manufacturing, defense, and space-related sectors. This initiative encourages the growth of these industries and extends support to existing businesses that meet the criteria. Furthermore, Newberry offers facade grants, covering up to 50% of facade improvements, demonstrating a commitment to enhancing the aesthetic appeal of commercial properties. Thomas also highlights a unique incentive tailored to commercial development, particularly exemplified by the forthcoming Publix supermarket. Newberry can offer rebates for commercial development fees, providing substantial financial assistance of up to $30,000 towards various expenses such as rezoning, site plan approval, and building permits. More discussions involve implementing impact fees for transportation and public services to ensure the town’s infrastructure keeps pace with growth. However, Newberry mitigates the impact of these fees through rebates, further incentivizing commercial development and investment. The comprehensive toolbox of incentives and 148 CIVIL AND MUNICIPAL VOLUME 5, ISSUE 04