Governor's Office for Local Development
Governor Fletcher Awards Funding For Save the Grand Theatre

Press Release Date:  Monday, November 07, 2005  
Contact Information:  Samantha Cook
Public Information Officer

            Governor Ernie Fletcher and the Governor’s Office for Local Development (GOLD) today announced a $75,000 Renaissance on Main grant for the city of Frankfort.  Funding will be used for renovations to the Grand Theatre.

            “The Grand Theatre is a historic landmark in Frankfort,” said Governor Fletcher.  “I am pleased to award Renaissance on Main funding to this project that seeks to preserve that history.”

            The funding will be used to for facility renovation for Save the Grand Theatre which generates approximately three jobs.  The annual revenue created is estimated to be approximately $250,000.

            “This funding will provide a great economic boost to downtown Frankfort,” stated Senator Julian Carroll.  “The city has worked very hard on maintaining and improving their downtown.  This project will provide an arena for multiple events for the community and for state government.”

            Renaissance on Main, formerly Renaissance Kentucky, is a downtown revitalization effort that provides communities funding in order to restore and maintain their downtown areas.  The program is focused on economic development and job creation.  There are two classifications of cities:  Certified and Candidate.  Frankfort is a Certified Renaissance on Main city.

            Representative Derrick Graham said, "I was happy to work with local officials and volunteers to get this grant.  The Grand Theatre is an important part of the Frankfort culture."     

            "This grant is due in large part to the folks with Save the Grand, who had the vision and the effort to make this project a reality,” said Representative Joe Barrows.

            The Renaissance on Main program partners with the Kentucky Heritage Council/Main Street Program, the Kentucky Department of Tourism, the Kentucky Transportation Cabinet, the Kentucky League of Cities, the Kentucky Housing Corporation, the Federal Home Loan Bank of Cincinnati and the Governor’s Office for Local Development, the agency responsible for administering the program.