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Thomasville, Flowers Foods Project
Closing Date: February 25, 2004
In February of 2004, the Foundation provided a $250,000 loan for the renovation of the former J. C. Penney building in downtown Thomasville. The facility is now being used as office space for Flowers Foods and Shields & Company, bringing more than 100 employees to the downtown area.
Project Details
Loan Recipient
Thomasville Downtown Development Authority
Sub-Recipient
N/A
Project Cost
$2.3 million
GCF Loan Amount
$250,000
DD RLF Loan Amount, if any
$250,000
Project Use
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