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Foundation Project Impacts
219 new downtown businesses
1118 new jobs downtown
185 housing units downtown
7 cultural facilities
48 hotel units downtown
935,585 sf of redeveloped floor area
120,592 sf of new construction
$78.7 million in private investment
Fayetteville, 115 S.Glynn Street Building
Closing Date: February 15, 2011
In February 2011, the Foundation provided a $250,000 loan to the Fayetteville Downtown Development Authority for the renovation of the former Travis Hardware building located at 115 S. Glynn Street in downtown Fayetteville. The completed project will house leasable restaurant space with rooftop dining. The total project cost is $601,000.

Project Details
DDA or Similar Entity Receiving GCF Loan Funds
Fayetteville Downtown Development Authority
 
Sub-recipient
N.A.

Project Cost
$601,000

GCF Loan Amount
$250,000

DD RLF Loan Amount
N.A.

Proposed Use
Restaurant
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