The City of Pikeville recognizes that a vibrant, walkable downtown benefits the community at large. By supporting local entrepreneurs and preserving our historic built environment we create a downtown community that supports the downtown business community, local residents, and visitors. The City of Pikeville’s Main Street Program is widely recognized for its excellence. Its mission is, in part, to preserve not only the buildings, but also the economic vitality of a community’s downtown which includes the retention and recruitment of downtown businesses.
In order to attract new businesses and retain existing businesses in the central business district and to diversify downtown, the City of Pikeville has developed the Downtown Pikeville Economic Incentive Program. Apart from the incentives affecting tax policy, the Main Street Program will administer these incentive programs on the City’s behalf. All applications will be reviewed by the Pikeville Main Street Incentive Committee. The incentive area and target businesses are as follows:
Target Area: Central Business District of Downtown Pikeville
Eligible: Commercial Property Owners, New Businesses and Existing Businesses
Target Location and business types:
Street level – Restaurants, retail stores, or cultural or entertainment focused businesses. Pedestrians tend to focus on store fronts.
Upper level – Professional service businesses, such as attorneys, accountants, engineers, etc., and non-profit organizations who operate almost completely independent of the need to attract pedestrians.
Therefore, many grants are designed to incentivize a voluntary transition to this desired environment.
Full details at the links below: