Robbinsville – The intersection of Five Points Road and U.S. 129 North will soon have a fresh coat of paint.
An Oct. 17 announced from the North Carolina Rural Infrastructure Authority revealed that 22 grant requests had been approved, statewide. The North Carolina Department of Commerce backs the rural infrastructure authority; funding comes from “a variety of specialized grant and loan programs.”
Among the approvals for the building reuse program, vacant building category was $25,000 – earmarked for an improvement in Graham County.
The 7,000-square-foot building that sits at the intersection will be transformed into a boutique motel. Known as the “Graham Motel,” the facility has not been operational in years.
Wrenchbox, Inc., is listed as the owner of the building. Wrenchbox is described as “an investment property management corporation that specializes in transformational renovation of distressed properties.”
Once the boutique is operations, five jobs are expected to be created and an investment of $451,250 is projected to benefit the county.
The grant was obtained by the Mountain West Partnership. Director Josh Carpenter – a local native – has been working as the Graham County Economic Development Director, on a contract basis.
A “Graham County Small Business Grant” was created for this purpose at the end of 2023. Funds are allotted specifically for those who are trying to get their “small” (10 employees or less) business off the ground.
“The Graham Motel renovation is not just about enhancing lodging options – it’s about revitalizing our town, creating jobs, and bringing new opportunities to Robbinsville,” said Carpenter.
“In the aftermath of economic challenges brought by Hurricane Helene, this kind of project is particularly timely and necessary.”
The 22 grants will create a total of 557 jobs statewide, with an estimated $83.7 million in public and private investment to supplement the effort.
Grants will fund projects such as infrastructure development, building renovation, expansion, demolition and site improvements.
“Investing in our rural communities through the North Carolina Rural Infrastructure Authority’s grants is not just about improving infrastructure; it’s about empowering our residents, creating jobs, and fostering sustainable economic growth,” Gov. Roy Cooper said. “Together, we can build a brighter future for all North Carolinians, including those recovering from the damage of Hurricane Helene.”
“These grants are more than just vital tools for our rural communities,” added N.C. Commerce Secretary Machelle Baker Sanders. “They enable us to enhance essential services, attract new businesses, and create jobs, ensuring that every corner of our state has the opportunity to thrive and succeed.”
There is no timetable on when the remodel project will launch.