Projects

Albany, Pretoria Fields Brewery

Closing Date: January 3, 2018
On January 3, 2018, the Georgia Cities Foundation provided a $250,000 loan to the Downtown Development Authority of Albany, Georgia to partially finance the acquisition and installation of brewing equipment in the commercial buildings located at 120-130 Pine Avenue in downtown Albany. The completed project houses Pretoria Fields Brewery.

Project Details

Loan Recipient
Downtown Development Authority of Albany, Georgia

Sub-Recipient
Pretoria Fields, LLC

Project Cost
$4,514,308

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
N/A

Project Use
Craft Brewery
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