Construction could begin in June on Phase II of Trinity Groves, which includes nine new restaurant spaces, widening sidewalks on Singleton and creating parking lots.
Trinity Groves is expected to receive more than $3.5 million from the Sports Arena TIF Board to improve sidewalks, redevelop vacant buildings and offset business upstart costs. City Council is expected to approve giving Trinity Groves the $3,505,000 March 26.
Two buildings, at 3011 Gulden and 331 Singleton will be renovated and used as restaurant space. That will cost about $250,000. The rest of the $3.5 million will be spent offsetting “the costs of redevelopment” and encouraging retail occupancy, according to a briefing for City Council members.
Phase 1 of Trinity Groves, 80,000 square feet of restaurant space, Four Corners Brewery and an event space, cost about $42 million and were paid for mostly with the owners’ money. Phase II is expected to cost about $9.9 million and could be finished by June 2015.
