Business & Economy Miami News

Miami DDA and City of Miami Commissioner Manolo Reyes distributed $80,000 in grants to boost Flagler Street businesses

City of Miami and Miami DDA provide $80,000 in grants to support Flagler Street businesses, ensuring continued vitality and economic health

Miami's historic Flagler Street received a significant boost as the City of Miami and the Miami Downtown Development Authority (Miami DDA) teamed up to support local businesses. In a bid to enhance the economic vitality of the downtown area, the Miami DDA and the City of Miami distributed $80,000 in grants to businesses located in the final construction zones along Flagler Street. This initiative was part of a broader effort to revitalize downtown Miami, ensuring that local enterprises not only survive but thrive amidst ongoing urban development projects.

Commissioner and Miami DDA Chairman Manolo Reyes personally handed out checks to business owners in Sections D and E of Flagler Street, including notable establishments such as Pega Grill, Mario the Baker Downtown, Eddy & Sons, and more.

Grants supporting Flagler Street businesses during transformation

The City of Miami and the Miami DDA are committed to fostering a vibrant and prosperous downtown area. As part of this commitment, they are providing additional financial support to businesses impacted by the extensive Flagler Street Beautification project. Each business in the final construction zones along Flagler Street will receive a grant of up to $5,000. These funds can be used to cover essential expenses such as rent, utility bills, the purchase of business equipment, and marketing or advertising efforts. This financial injection is designed to help business owners navigate the challenges posed by ongoing construction and ensure their operations remain viable.

Since the launch of the Flagler Street Beautification project in 2021, the Miami DDA and the City of Miami have been proactive in supporting affected businesses. To date, they have distributed a total of $622,000 in funding to downtown Miami businesses. The latest round of grants underscores the continued commitment to revitalizing Flagler Street and supporting the local economy. The beautification project aims to transform Flagler Street into a more attractive and pedestrian-friendly environment, ultimately benefiting both businesses and the community at large.

City Commissioner and Miami DDA Chairman Manolo Reyes giving a grant check to a business owner.

A community-driven initiative for economic health

The distribution of $80,000 in grants to Flagler Street businesses highlights the collaborative efforts of the City of Miami and the Miami DDA to support local entrepreneurs. City Commissioner and Miami DDA Chairman Manolo Reyes has been at the forefront of this initiative, recognizing the importance of maintaining the economic health of downtown Miami during periods of construction and change. By providing these grants, the Miami DDA and the City of Miami aim to mitigate the financial burden on businesses and foster a resilient and dynamic business environment.

The revitalization of Flagler Street is not just about physical transformation; it is about creating opportunities for local businesses to grow and succeed. The grants will enable business owners to invest in their operations, attract more customers, and contribute to the overall vibrancy of downtown Miami. This initiative is a testament to the city’s dedication to ensuring that the benefits of urban development are shared by all, particularly those who have been affected by construction-related disruptions.

Get all the scoop on what's happening in South Florida by signing up for the Calle Ocho News newsletter. Is your Miami-based small business interested in expanding its customer base? Calle Ocho News offers advertising options that will boost your brand's visibility.

Stay up to date with the latest news from Miami

Add Comment

Click here to post a comment