Silverton Development Rendering

HCDC to Use Duke Energy Grant to Help Silverton Small Businesses

Economic Development, News
Silverton Development Rendering

Silverton Development Rendering

Silverton Village Council voted 5-0 on September 29th to approve the sale of 10.6 acres of land for development. This land is in the area of Montgomery Road and Stewart Road, and will feature 60,000 sq ft of commercial space and 204 apartments and townhomes. The master development agreement is a joint $30 million venture between Miller Valentine and Jeffrey R. Anderson Real Estate.

With the kickoff of this project, the timing couldn’t be better for a focus on Silverton small business coaching. HCDC was awarded a $20,000 Duke Energy Urban Revitalization Grant on November 4, 2016,  to provide one-on-one mentoring and coaching to existing Silverton small businesses, and to help attract, retain, and expand small businesses in Silverton.  Silverton’s Community Improvement Corporation (CIC) board will contact local businesses and connect them with HCDC Business Coach Bob Pickford for coaching services.

“This rather historical, important development starting in 2017 gives us a great opportunity to build on the momentum in Silverton and assist existing and prospective businesses in partnership with  Duke Energy and HCDC,” says Village Manager Tom Carroll.

Since 2013, Duke Energy Urban Revitalization grants have funded HCDC’s one-on-on assistance and support to more than 100 small businesses and business associations in the communities of  Price Hill, Northside, East Walnut Hills, College Hill, Pleasant Ridge, North College Hill, Mt. Healthy, Cheviot, and Westwood.

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