SMALL PROJECTS FUND
Main Street Buildings
Sponsors:
M3P Realty
Wagner Rentals
Sherman Area Pharmacy
The Cornerstone Restaurant
JSRP
Bone Creek
Estimated Project Cost:
$600,000
Project Time line:
1-3 years
Recent Investment on Main Street:
Recent Investment on Main Street There have been a number of restoration and reuse projects on Main Street, several of which recently participated in the New York Main Street (NYMS) Restoration Grant of $358,283 awarded to the Village of Sherman.
Funding Possibilities
Private funds
The Small Projects Fund will continue the momentum from the NY Main Street Façade Improvements leveraging over $600,000 in new investment into 15 properties, of which 9 underwent major façade and reuse improvements for the opening of the Sherman Hotel Steakhouse & Saloon, Cooler Creamery ice cream shop, and a new retail storefront: all from previously vacant spaces.
Preserving our past, building our future...
Project Breakdown
Interior Renovations
Refreshing and modernizing the space to accommodate entrepreneurs’ needs while preserving the character and charm of the pressed tin ceilings and crown moldings. Constructing the second of two short-term rental units among the attached row buildings.
Exterior Restorations
Restoring windows, recessed doors, transoms, & repointing brick. Accentuating the Village of Sherman’s key features with exterior lighting fixtures, highlighting the dentil trim along the roofline and the beautiful Italianate bracketed cornice top the antique brick facades, distinguishing the iconic Sherman downtown skyline.
Housing
Expanding downtown upper floor living and hospitality options will benefit Sherman residents, visitors, businesses, and overall property value.
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Exterior Renovations
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Energy Efficiency
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ADA Accessibility
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Conversion to Mixed-Use
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Diverse Housing
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Historic Appearance
Fit with Vision Statement
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Cultivate Economic Growth & Prosperity
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Celebrate Historic Character, Family Orientated Culture, & Art
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Secure Diverse Residential Housing
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Expand Local Amenities
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Attract Visitors and Commuters to the Region
Alignment with NY Forward Goals
Create an active downtown & sense of place
Attract a variety of new businesses for residents & visitors, & provide job opportunities
Enhance public spaces for arts & cultural events, serving the community & visitors around the region
Grow the local property tax base
Provide amenities that support & enhance downtown living & quality of life
Varied housing, supporting a diverse population
Reduce greenhouse gas emissions & support investments that are more resilient to future climate change impacts