Commercial Demolition Grant Program

Commercial Demolition Grant Program

Funder: Palo Alto County Gaming Development Corporation (PACGDC) in partnership with cities in Palo Alto County

Geographic Scope: Cities within Palo Alto County corporate limits

Program Description: Established to offset demolition costs for commercial property owners. The program addresses the presence of deteriorating commercial buildings that adversely affect job creation, economic growth, and community morale.

Award Amount

• Up to $5,000.00 towards actual commercial demolition costs

Eligibility

• Applicants: Commercial property owners within cities' corporate limits in Palo Alto County
• Purpose: Demolition of deteriorating commercial buildings
• Special Consideration: Program acknowledges that older buildings often contain asbestos, which significantly increases demolition costs

Funding Source

• Funded by the Palo Alto County Gaming and Development Corporation to lessen burden on government

Program Rationale

As explained by Glen Simonson, PACGDC board member: "The presence of deteriorating commercial buildings in a community adversely affects job creation, economic growth, and morale. Oftentimes, these older buildings contain asbestos which can significantly increase the cost of demolition. By assisting property owners in demolishing these deteriorating buildings, it helps improve the quality of life for all of us."