Business Brief: DIA CEO Working On Incentives To Bring Restaurants Downtown

Nov 8, 2019

In early 2020, the Downtown Investment Authority could begin a program to promote a dense corridor of restaurants in vacant ground-floor spaces in the Northbank core.

DIA CEO Lori Boyer says she’s working on a plan that will either modify the authority’s existing Retail Enhancement Grant Program or create an initiative to provide financial assistance targeting restaurants and businesses with higher build-out costs.

The plan will include a marketing campaign, connecting building and restaurant owners with Downtown Vision Inc. and to reach potential customers citywide and bring them Downtown.

In an interview Oct. 25, Boyer said a written proposal should be in front of the DIA board for approval by February, and she wants at least five storefronts filled by summer 2021.

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