Two area nonprofits are recruiting businesses into a commercial space at 2021-B Reynolds Ave. in North Charleston as part of revitalization efforts in the Chicora-Cherokee neighborhood.
Project planners want retail-type businesses that provide goods or services to apply to rent the 1,400-square-foot space.
Lowcountry Local First plans to subsidize the rent and utilities for three years for the selected tenant or tenants, as well as provide mentorship, marketing and accounting services. Metanoia owns the building and will oversee renovations.
Metanoia, a Community Development Corp., invests in Chicora-Cherokee’s existing assets, including its buildings and residents, to revitalize the community.
“We think having something that’s not only attractive to the people that live in the community, but attractive to people who live outside the community, will build some positive revenue coming into the Chicora-Cherokee neighborhood,” Lowcountry Local First Executive Director Jamee Haley said.
The application deadline for the Community Storefront Project is Nov. 15. Interested companies must submit an application and a business plan. Both organizations will vet applicants and make selections.
Planners expect move in to be sometime in the spring. Lowcountry Local First will raise money or apply for grants to assist with program costs.