(COLDWATER) – The City of Coldwater is offering incentives to developers who want to open a downtown brewpub.

In a media release, Audrey Tappenden, Economic Development Assistant, says Coldwater is looking for someone to renovate 71 and 73 West Chicago Road and hopefully bring in a brewpub or a restaurant. This is a two story building with 6400 square feet of floor space, that is just around the corner from the historic Tibbits Opera House.

In exchange for redeveloping the building, the City has lined up incentives which include a generous lease with option to buy at a below market price; a tax abatement plan, rebates for facade improvements and free rent for the first year.

Coldwater City Manager Keith Baker says they received the building as a donation in 2018. A Request For Qualifications is now available for those who are interested in redeveloping the building and want to submit a project concept. Included in the RFQ are conceptual design renderings, development requirements, proposed rent schedule and an explanation of the incentives which total over $100,000 in value.

Interested applicants may find the RFQ on the City of Coldwater website. Click Here.

You can also contact Tappenden at 517-279-6913.