(The Center Square) – Grand Junction will obtain a $3.2 million grant to transform a former Greyhound Bus terminal into 30 devices of body of workers housing and different makes use of.
The Grand Junction Downtown Development Authority won the investment from the Colorado Economic Development Commission. The cash will transform “The Terminal,” a former bus terminal, leisure prevent and station for Greyhound, which vacated the development in 2021. Restoration of the web site comprises the advance of a mixed-use mission throughout two constructions attached through a skybridge.
The first development will come with a culinary operation and a big gallery and match area with 12 particular person artwork studios and a multiple-use group area. The 2d development additionally will come with further arts, culinary and retail as well as to up to 90 city residences with 30 condo devices for the native body of workers.
The mission would be the first mixed-income construction in downtown Grand Junction.
The mission is the overall award from the Community Revitalization Grant program. Approximately $98 million was once awarded to 59 tasks in inventive districts, historical spaces, primary streets, and community industrial facilities during Colorado. The tasks created greater than 598 housing devices, together with 500 reasonably priced, low-income devices for the body of workers. Approximately 58% of the tasks are situated in rural communities and 84% are in an endeavor zone or an enhanced rural endeavor zone. More than a 3rd redeveloped historical constructions, districts or landmarks.
“It is a special milestone to celebrate both The Terminal project, which will help revitalize an historic part of downtown Grand Junction and the overall impact of the Community Revitalization Grant program,” Sarah Harrison, program director for Colorado Creative Industries, a department of the Colorado Office of Economic Development and International Trade, stated in a remark.
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