Projects

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

Loan Recipient
Fayetteville Downtown Development Authority

Sub-Recipient
N/A

Project Cost
$601,000

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
N/A

Project Use
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