Projects

Dalton, Planet of the Grapes Project

Closing Date: December 17, 2008
On December 17, 2008, the Foundation provided a $128,000 loan to the Downtown Dalton Development Authority for the acquisition of property located in downtown Dalton. The loan recipients purchased the building they previously leased for their wine shop and constructed a new building which houses a restaurant.

Project Details

Loan Recipient
Downtown Dalton Development Authority

Sub-Recipient
Planet of the Grapes, LLC

Project Cost
$1,160,965

GCF Loan Amount
$128,000

DD RLF Loan Amount, if any
$128,000

Project Use
Retail/Restaurant
After
Foundation Project Impacts
335 New Downtown Businesses
2196 New Jobs Downtown
$208 Million in Private Investments
8 Cultural Facilities
347 Downtown Housing Units
157 Hotel Units Downtown
1,600,000 Redevelopment Floor Area sf
229,000 New Construction sf