Projects

Ellijay, 24-28 River Street

Closing Date: March 27, 2013
In March 2013, the Foundation provided a $125,000 loan to the Ellijay DDA to partially finance the renovation of a commercial building located at 24-28 River Street in downtown Ellijay. The completed project houses a restaurant and leasable commercial space.

Project Details

Loan Recipient
Ellijay DDA

Sub-Recipient
N/A

Project Cost
$765,000

GCF Loan Amount
$125,000

DD RLF Loan Amount, if any
$125,000

Project Use
Restaurant and commercial space
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