Business Incubator Looking For New Tenant

The city of Montgomery owns some prime real estate downtown by the river.
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It’s called the business incubator, a place to give new business a chance to start.
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Now that one of the tenants has left, what’s the future of the space?
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This is a fairly new project that’s been around for about the last 3 years.Â
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The city expects to find someone to fill that vacant space pretty fast.Â
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Just a few months ago, Charlie’s Donuts renewed its lease after a year in the downtown business incubator.Â
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But the business has now packed up and left town, leaving an opportunity for someone else to move in.Â
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“Charlies Donuts tried out their concept and renewed their lease for a few months, but then decided they weren’t ready to move into a permanent place downtown, so they moved on,” said Lois Cortell.
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Cortell with the department of development has kept a close eye on the project.
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The city is very selective about what kind of businesses it wants in the space, no franchises or shops that could compete with others in the area.Â
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Cortell says there’s already been a lot of interest in the location.Â
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“It’s exciting, I think it’s a great indicator of of the success downtown and the revitalization and people are really feeling it and they’re seeing it and businesses are ready to take a risk. We’ve gotten a number of calls, we’ve got a flyer on our website,” said Cortell.
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It’s an idea that some in the downtown area have really enjoyed, especially with the addition of the bullet food truck.
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That’s what Kelly Moy would like to see more of.
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“Another food spot. Another food like falafels or maybe, well we have pizza here, sandwiches, bagels,” said Moy.
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“It’s been a great idea because there’s a lot of people, tourists from all over the world believe it or not coming all to Montgomery,” said Jose Perez.Â
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Cortell says the city wants to fill the space quickly and have a new tenant in by November.Â
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With all the development downtown, Cortell expects the incubator to last about one more year before the city sells the land to a more permanent business.