Title
Public Hearing for a Resolution Authorizing an Urban Development Investment Grant in the Amount of $250,000 to PAW Greensboro, LLC
Body
Council Priority: Create an Environment to Promote Economic Development Opportunities and Job Creation
Department: Planning
Council District: 2
Public Hearing: May 18, 2021
Advertising Date/By: May 6, 2021/Clerk
Contact 1 and Phone: David Parrish, 373-2002
Contact 2 and Phone: Kimberly Sowell, 373-7753
PURPOSE:
The City of Greensboro has been requested to consider an Urban Development Investment Grant in the amount of $250,000 to PAW Greensboro, LLC for the redevelopment of the property located at 800 Pastor Anderson Way in the East Market Street Reinvestment Corridor with a total investment of $2,579,000 and the creation of at least 5 new full-time equivalent jobs.
BACKGROUND:
PAW Greensboro, LLC, has requested assistance from the City of Greensboro in its redevelopment of the vacant and blighted property located at 800 Pastor Anderson Way that it purchased in 2018. The development team plans to repurpose the 12,000 square foot structure on the property into a hub for music makers through provision of rehearsal, recording, and performance spaces via a new business entity that it would also own called Rhythm Works. The facility will include sound-proof recording studios, rehearsal rooms, video production, and editing capability, podcasting rooms, an online radio booth, and gathering space for meetings, ideation, and discussion. The plans also include a 3,000 square foot rooftop performance venue and a large outdoor stage.
The Rhythm Works business concept is based off a membership model, in which an individual would pay a set fee in exchange for full access to the facility for music instruction, education, production, recording, and performance. Rhythm Works also has presented plans to partner with Guilford County Schools on youth music education programs, the non-profit Notes for Notes on a variety of music pr...
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