A $3.2 million grant has been awarded for a mixed-use project in downtown Grand Junction that will combine retail space, an artist co-op and workforce housing.

The Colorado Economic Development Commission awarded the community revitalization grant to the Grand Junction Downtown Development Authority for the Terminal.

The DDA plans to use what once was the site for a Greyhound Bus Lines terminal at Fifth Street and Ute Avenue for two buildings connected by sky bridge.

“The project will revitalize historic downtown Grand Junction, provide great housing opportunities and spark a wonderful mix of commercial and fun activities,” said Colorado Gov. Jared Polis. “This innovative project will help ensure that Grand Junction residents have more affordable choices to live near their jobs.”

The first building at the Terminal will house a mix of commercial uses, including a culinary operation and an artist co-op with 12 studios and a large gallery. The second building will offer additional arts, culinary and retail spaces as well as up to 90 apartments. Thirty rental units will be maintained for the local workforce.

“It is a special milestone to celebrate both the Terminal project, which will help revitalize an historic part of downtown Grand Junction, and the overall impact of the community revitalization grant program,” said Sarah Harrison, director of the program. “From Grand Junction to Naturita and Denver to Trinidad, this program has truly made a difference across the state.”

The grant for the Terminal was the final one awarded through the program, which has provided a total of $98 million to 59 projects across Of those projects, 58 percent are located in rural communities and 36 percent in historic buildings or districts. Fully 85 percent include renewable or clean energy features.