Roosevelt Roads (Rehab Port Building) Grant

Strategic Initiative(s) Alignment: Access to Capital, Capacity Building
Program: EDA Awarded Grants
Type: Support/Coordination
Year(s): 2020

This EDA investment funds the rehabilitation of the former Naval Station Roosevelt Roads Port Control Building, for reuse as a publicly owned multi-tenant commercial space that will support early-stage businesses in San Juan County, Puerto Rico, a designated Opportunity Zone. The project will reconstruct infrastructure damaged by Hurricane Maria and make site improvements of streets and sidewalks on the main roadway intersection, which will allow pedestrians access from the Ferry Terminal to commercial facilities. Once completed, the project will leverage the regional scale of the maritime-surface and multi-modal transportation system by redeveloping the waterfront to entice tourism, which will promote economic resiliency and job creation throughout the region.

 

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