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Woodstock, Art Glass Project
Closing Date: September 23, 2011
In September 2011, the Foundation provided a $240,000 loan to partially finance the acquisition of property located at 8670 Main Street. The completed project houses retail, classroom, and rental studio space, a glassblowing shop, and kilns. Additional financing was provided by the Georgia Department of Community Affairs. The total project cost is $1,200,000.
Project Details
Loan Recipient
Downtown Development Authority of Woodstock
Sub-Recipient
Woodstock Art Glass, LLC
Project Cost
$1,200,000
GCF Loan Amount
$240,000
DD RLF Loan Amount, if any
$240,000
Project Use
Retail, Studio, Classroom space
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