DOING BUSINESS IN DOWNTOWN MOORESVILLE
The prospect of opening a new business or relocating a current one can be intimidating. Below is some information that may assist if you are considering purchasing or leasing space within the Downtown Mooresville district.
Our network of business owners is also an excellent resource for advice and helpful hints; we encourage you to join one of our monthly Mooresville Downtown Commission Board Meetings to make acquaintances and hear our efforts first-hand.
Please note that this page is new and will be evolving to better assist prospective entrepreneurs. Please continue to check back often for updates!
The Mooresville Downtown Commission (MDC) is a non-profit 501(c)(4) organization that exists to provide leadership dedicated to the improvement of the Downtown Mooresville district.
Formed in 1987, the MDC facilitates downtown development, creates promotions, plans and implements events, supports preservation and serves as a clearing house of downtown information. We strive to enhance the appearance, desirability, and vitality of this very important economic and social center.
The district is funded in part by a Municipal Service District (MSD) that encompasses approximately 24 acres. The MSD was created in the late 1980’s and the property owners in this district pay an additional property tax.
Benefits & Advocacy
Being located within the Downtown Mooresville Municipal Service District has many benefits, including advocacy, guidance, and marketing efforts from the MDC, support from fellow business owners, and advantages such as being in an official Main Street community.
The MDC strives to provide innovative ideas to assist our entrepreneurs - from sustaining a strong digital presence to advocating at the local or state level on topics that may negatively affect our businesses, to maintaining a steady stream of information about the current and future projects that will impact our businesses, and even providing monetary support via grants for new and developing projects.
To help encourage the strength of Downtown small businesses, the MDC and the Town of Mooresville (ToM) partnered in FY19 to fund the grant program. The program focuses on assisting both property owners and business owners in improving the visual quality of their buildings, signs, and interior spaces. The program has been very successful and the allocated pool of available funds has already grown*. More details can be found in the application (CLICK HERE).
*These grant funds are part of an annual budgeting process and are subject to renewal each year.
Planning & Growth
Downtown Mooresville’s presence has grown immensely in the last decade. Currently there are multiple projects in progress as well as enhancements planned. Residential unit development in Downtown is underway which provides a new and extended audience that will positively impact our business patronage.
Mill One construction is underway bringing a mixed-use development property into Downtown Mooresville which will include 90 high end apartments available to pre-lease in spring of 2021 as well as additional business space.
Broad Street Place has been renovated and all the commercial spaces have been leased. Coming soon will be 8 upper floor apartments, again, adding residential that is so important for small business success.
In addition, in late 2021, the Town will begin Phase 2 renovations at Liberty Park. View the comprehensive Downtown Master Plan HERE and stay tuned for more!