Mingo and Prairie City awarded $100,000 grants for downtown rehabilitation projects
8 Jul 2020
(Jasper County , IA) July 8, 2020— The Iowa Economic Development Authority (IEDA) has awarded Community Catalyst Remediation grants to 26 Iowa communities for the redevelopment of underutilized buildings to stimulate economic growth. The Jasper County communities of Mingo and Prairie City have each received $100,000 grants.
JEDCO and the Mingo and Prairie City Hometown Pride committees assisted the Cities of Mingo and Prairie City to apply successfully for these grants on behalf of the property owners/ developers. In addition to the $100,000 grants, funds provided by Mingo and Prairie City and the developers will result in a total investment in the properties of nearly $520,000. The buildings are currently vacant and in need of rehabilitation. It is hoped that the investment in these properties will result in other adjacent downtown properties being renovated.
In Mingo the grant will be used to renovate 103 W. Main Street, a building that was one of the first barbershops in Mingo and the site of Dent’s Tavern from 1934 to 1970. The project will rehabilitate the building to create a commercial business space on the first floor and and a modern market rate apartment on the second floor. A custom cabinet and furniture shop is slated to occupy the first floor commercial space.
In Prairie City the grant will renovate 105 and 107 S. Main Street, adjacent to Garden Square Park and the planned Red Rock Prairie Trail. This project will result in two Class A commercial spaces and four market rate apartments upstairs.
JEDCO Director Jeff Davidson states: “The focus of this grant program from the State highlights the importance of downtown rehabilitation in the sustainability of our rural Iowa communities. We believe these projects will have the desired catalytic effect on downtown Mingo and Prairie City, and we are thrilled that IEDA has chosen to partner with us.”
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View the Press Release PDF here.