DENVER BUSINESS JOURNAL - The City of Englewood has revamped its economic incentives program in an attempt to lure businesses of all sizes.
The City Council for years has had a pot of money set aside and used for development incentives aimed at multi-family housing and large-scale stores but now has redirected the funds to startups and main street businesses.
The former incentive program was described by the city’s new community development director as a “one- size-fits- all” approach. No doubt, he said, the old program helped jump start key projects – grocery stores and apartment buildings.
But now, the city, which is 6.5 square miles and 100 percent built out finds itself in a new era, said Brad Power, who took the city development helm eight months ago.
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