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Hapeville, 601-603 N. Central Avenue
Closing Date: March 13, 2013
In March 2013, the Foundation provided a $182,017 loan to the Hapeville Development Authority to partially finance the renovation of a commercial building located at 601-603 North Central Avenue in downtown Hapeville. The completed project houses two commercial spaces.
Project Details
Loan Recipient
Hapeville Development Authority
Sub-Recipient
N/A
Project Cost
$455,052
GCF Loan Amount
$182,017
DD RLF Loan Amount, if any
N/A
Project Use
Two commercial spaces
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