Arcade Building Stabilization Project Receives No State Funding

Overall, city officials have much to celebrate after Wednesday’s announcement of state Regional Economic Development Council funding when three projects received more than $325,000.

However, not all Consolidated Funding Applications for economic development projects submitted by city officials were awarded funds by state officials. One of the submissions left empty-handed was for the stabilization of the Arcade Building. Earlier this year, city officials, in partnership with the Gebbie Foundation, applied for $500,000 in state funding to possibly stabilize the long-vacant structure.

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