The Downtown Estacada Commission received word of the award of a $200,000 Main Street Revitalization Grant for the historic Broadway Building located at 398 Broadway. The commission will work closely with property owner Ken Streater to redevelop the building which houses two retail businesses, an insurance broker and an second story residential apartment. An additional lease space will be added as part of the revitalization project.
The building on the Broadway side was constructed in 1937 and was the housewife’s go-to department store. It offered both men’s and women’s clothing plus home goods. The plans for revitalization include replacing the front facade windows and doors, and replacing the awnings with retractable ones that were in style when the building was constructed. There will also be the addition of gooseneck lighting on the front facade and on the sides. The mural will also receive lighting to highlight the art.
The building will retain its historic characteristics plus will benefit from the replacement of windows and doors on the Fourth Street side which will plus a new cornice rail and new windows configured to add cohesiveness to the architectural design.
The grant program was created during the 2015 legislative session, and placed with the Oregon State Historic Preservation Office. The legislation established a permanent fund for the Oregon Main Street Revitalization Grant, and provided an initial infusion of funds from the sale of lottery bonds. The legislature included the Oregon Main Street Revitalization Grant in the lottery bond package approved in 2017. The funds must be used to award grants to participating Oregon Main Street Network organizations to acquire, rehabilitate or construct buildings to facilitate community revitalization. The program also required that at least 50 percent of the funds go to rural communities as defined in the bill. #