Downtown Program Increases Funds

Efforts will continue to bring high quality retailers to downtown Beverly.

The Beverly Main Streets program, in conjunction with Endicott College, is increasing its Retail Incentives Program funding to $20,000 (up from $15,000).

In 2014, the program helped Atomic Café expand its business and paved the way for Hugo Books to open its fourth regional location on Cabot Street.

The Retail Incentives Program is designed to attract high quality, specialty retail businesses to occupy first floor space on Cabot or Rantoul Streets.

The types of businesses which would qualify for the program include specialty food, home furnishings and décor, clothing and accessories, art supplies, music, artist cooperatives and bookstores, according to Gin Wallace of Beverly Main Streets.

Funding for the program is being provided by Endicott College, which has directed its support of the Downtown 2020 initiative to this program and community events such as Arts Fest and the block parties.

The Retail Incentives Program is part of the comprehensive Downtown 2020 plan, which is focused on revitalizing the downtown district through economic development, design and promotion.

For more information about the Retail Incentives program or Beverly Main Streets, contact Wallace at 978-922-8558 or visit www.beverlymainstreets.org.