For Immediate Release
Director of Marketing and Communications, DRA
email@example.com | 919.821.6896 | 919.796.6606
Downtown Raleigh Alliance Announces Newest Retail Up-Fit Grant Recipient, The Pour House Record Shop
RALEIGH, NC (March 4, 2020) – Downtown Raleigh Alliance (DRA) is proud to award a retail up-fit grant to The Pour House Music Hall & Record Shop as part of its mission to attract and assist new retailers in Downtown Raleigh. The Pour House Music Hall owners, Adam and Lacie Lindstaedt, opened the Record Shop on the second floor of their space in the fall of 2019.
DRA has now awarded 16 different stores with the up-fit grant, which incentivizes new retail businesses to move into Downtown Raleigh and helps existing businesses grow. Applicants are required to submit business plans and financial plans to DRA’s Grant Committee, which provides feedback on those plans to small businesses. The program provides aid to award winners for renovations and build-out improvements, often some of the biggest upfront costs for aspiring retailers.
The Pour House Music Hall has been a concert venue on South Blount Street since 1997. With the opening of the Record Shop, the second level now features both new and used vinyl records and a full bar. Free live music performances occur every Saturday and Sunday afternoon in the record shop and are open to all ages.
Pour House co-owner Adam Lindstaedt said the grant made the decision to open an easier one.
“Every small business has to evolve over the years to survive,” he said. “After 23 years in business, we decided adding a retail component that is complimentary to the music venue would create an opportunity to offer more to our customers and create additional revenue streams for the business.
“The DRA grant program has helped enable the expansion, which has been proving successful so far.”
Bill King, DRA President and CEO, says a strong retail mix is part of what makes Downtown Raleigh such a unique place.
“Downtown is home to a large and growing concentration of independent and local retailers,” King said. “The addition of new stores selling records, clothes, groceries, and other necessities further contribute to our unique mix of retail and make this a more livable downtown.
“With 16 grants awarded to our local retail community, DRA continues to help small businesses thrive here and make this an ever-improving downtown.”
The Pour House Music Hall & Record Shop joins previous Up-Fit Grant recipients, including Ealdwine, The Art of Style, Glenwood South Pharmacy and Market, Briggs Hardware, Unleashed City Market, Retro Modern Furnishings, and others as downtown retailers who have benefitted from this grant since 2015
Read more about the grant and process on DRA’s website. Interviews are available upon request with King and the Lindstaedts. To schedule an interview, please contact Katie Bailey at firstname.lastname@example.org or at the phone numbers above for available dates and times.