Mayor Michael elaborates on infrastructure projects: “We’ve received a grant from the Golden Leaf Foundation, making our site pad-ready for new businesses. Additionally, we’re upgrading our wastewater plant and expanding our water plant with support from the state.” The city’s consistency in upgrading and maintaining roads, bridges, and public transportation systems ensures that Albemarle remains competitive and appealing to potential investors. SUPPORTING LOCAL BUSINESSES Local businesses are the backbone of Albemarle’s economy.Almond describes the Downtown Catalyst Grant, which provides $90,000 annually to support local downtown businesses.“This grant helps speed up projects by providing upfront funds rather than reimbursements, enabling businesses to start working immediately,” she explains. “Developers appreciate working with our city. We’re small, nimble, and responsive, able to turn projects around quickly without many middlemen.” Lifelong resident, local developer and entrepreneur, Dusty Mason has been doing business in Albemarle for 20 years, bringing a Gold’s Gym to the community in 2004. “The support staff is probably the best of anywhere that we do business.As a developer and a business owner, when I feel like I have the support of Lindsey and her team, and the planning department, and it’s backed up by the city council, it makes me just want to do more business here.” says Mason. Supporting local businesses is a top priority for Albemarle.The Downtown Catalyst Grant is a prime example of the city’s commitment to fostering entrepreneurship and economic growth, removing financial barriers and providing upfront funding. REVITALIZING DOWNTOWN The historical downtown of Albemarle is undergoing significant revitalization.“We’ve seen investments in residential-commercial mixed-use projects, such as the $10 million renovation of the Lowder Hardware building into apartments over commercial space,” says Almond.“Our alleyway project, funded by ARPA, enhances walkability and activates spaces.” 32 CIVIL AND MUNICIPAL VOLUME 05, ISSUE 09
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