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Rome, River Crossing Project
Closing Date: January 27, 2005
In January 2005, the Foundation provided a $250,000 loan to assist in the acquisition and renovation of the former former Battey Machinery Building in downtown Rome. The property now houses a Hawthorne Suites hotel, retail shops, and a new restaurant, the Waterfront Bar and Grill.
Project Details
Loan Recipient
Rome Downtown Development Authority
Sub-Recipient
Battey Downtown, LLC
Project Cost
$4,123,045
GCF Loan Amount
$250,000
DD RLF Loan Amount, if any
$250,000
Project Use
Hawthorne Suites Hotel, Retail, Restaurant
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