"If you've ever wanted to open a storefront in the Excelsior District, now's your chance: a program launched in late January by the San Francisco Office of Economic and Workforce Development is trying to fill the empty storefronts on the neighborhood's business corridors by offering would-be tenants one-time grants, ranging from $50,000 (for relatively uncomplicated businesses like boutiques) to $100,000 (for permit-heavy businesses like full service restaurants and bars, or pharmacies.)"
"Since he joined the Excelsior Action Group a year ago, Bleiman has been on a quest to figure out why local storefronts have stayed empty. He's talked to many owners and city officials because he's also president of the Entertainment Commission, and manages the Discover Polk Community Benefit District in Polk Gulch and Nob Hill. His conclusion: the high cost of plumbing and electrical upgrades."
San Francisco's Office of Economic and Workforce Development launched a program offering one-time grants to fill empty storefronts on the Excelsior District's business corridors. Grants range from $50,000 for simpler businesses like boutiques to $100,000 for permit-heavy operations such as full-service restaurants, bars, and pharmacies. The funding addresses neighborhood resource shortages and has strong community support. Investigations into persistent vacancies identified the high cost of bringing older buildings up to current city codes, including major plumbing, electrical, and ventilation upgrades. Long-term family ownership of commercial buildings reduces urgency to lease spaces, limiting the impact of the city's commercial vacancy tax.
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