Hey retailers! SJ gives out $250K to lure creative stores

Vicki Thompson

Company: Business focus is 75 percent retail sales, or a creative business such as co-working.
Who can apply: Entrepreneurs, landlords, nonprofits, contractors.
Business examples: Involved in production or distribution of the arts, including creative industries such as manufacturers, service providers, presenters and designers.

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Lauren Hepler: Economic Development Reporter- Silicon Valley Business Journal; Email | Twitter | LinkedIn | Google+

San Jose is putting a twist on business incentives aimed at lowering vacancy rates, offering breaks to creative businesses like co-working spaces and arts retailers.
High-rise developers and tech companies such as Adobe Systems Inc. and Samsung Electronics have become accustomed to receiving financial incentives to move to the city.
The SJ StoreFronts Initiative expands the reach of incentives. The $250,000 project will offer property or business owners up to $16,000 each in tax credits, permitting costs and fee breaks. Businesses accepted must sign a three-year lease for ground-floor space that has been vacant for at least three months in ...