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Foundation Project Impacts
Downtown Businesses: 243
New Jobs Downtown: 1,341
Housing Units Downtown: 243
Cultural Facilities: 8
Hotel Units Downtown: 65
Redevelopment Floor Area: 1,085,342 sf
New Construction: 130,192 sf
Private Investment: $96.1 million
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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