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Abu's Bakery on
Fulton Street
Economic
Development
PACC
launched its economic development initiative in 1997 with the mission of
creating vibrant commercial corridors and sustainable businesses. We are
empowering residents, local business owners and entrepreneurs to increase
their economic resources by providing information, resources, referrals and
training. Our Economic Development department works closely with local
Merchants Associations, elected officials and community organizations in
Central Brooklyn.
Our current work has focused on revitalizing a blighted strip of Fulton
Street spanning Clinton Hill, Fort Greene and Bedford Stuyvesant, in order
to fully reflect the pride and diversity of the community. In addition to
this revitalization work, we also helped form the
Fulton Avenue Business
Association (FAB), and continue to develop commercial spaces and identify
and recruit quality businesses.
Our
current Economic Development priorities include spearheading the Fulton
Street Business Improvement District (BID) and serving as the Local Program Administrator
(LPA) of the Main Street Program, which focuses on improving a seven-block
stretch of Fulton Street between Grant and Bedford Avenues.
The
Fulton Street Business Improvement District (BID)
promises to make powerful and sustainable improvements in
Fort Greene and Clinton
Hill. A Business Improvement District (BID) is a public/private partnership
in which property and business owners elect to make a collective
contribution to the maintenance, development, and promotion of their
commercial district. The BID would extend from
Rockwell Place
to Classon Avenue and all streets facing Fulton Street (e.g. Lafayette,
Greene and Putnam Avenues).
Along
with supporting the
BID process, PACC brings valuable resources to the community as the LPA
for the Main Street Program, under the auspices of NYS Division of Housing
and Community Renewal.
Main Street
funds will be invested into facades, storefronts, apartment units, and
streetscape improvements along Fulton Street. In total, our revitalization
work will oversee the infusion of nearly $250,000 into Fulton Street in the
next two years.
In
order to accomplish our Economic Development goals, we work with:
Myrtle Avenue
Revitalization Project
Project
Enterprise
Business Outreach Center Network
Brooklyn
Economic Development Corporation
Trickle Up
Brooklyn
Chamber of Commerce
The Training
and Employment Council of Brooklyn
Workshop in Business Opportunities
Bedford Stuyvesant Restoration
Fulton Area Business (FAB) Association.
STAFF CONTACT
For information about Economic
Development Services, please contact Dale Charles at
718-522-2613 x 30
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