Projects

Fayetteville, Travis House

Closing Date: March 15, 2005
In March 2005, the Foundation provided a $225,000 loan to assist in the acquisition and renovation of the historic Travis House in downtown Fayetteville. The property now houses professional offices for two law firms.

Project Details

Loan Recipient
City of Fayetteville Downtown Development Authority

Sub-Recipient
1893 Partners, LLC

Project Cost
$1,130,000

GCF Loan Amount
$225,000

DD RLF Loan Amount, if any
$225,000

Project Use
Professional Office
After
Before
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