Lawrenceville, 120 S. Perry Street

Closing Date: April 30, 2019
On April 30, 2019, GCF provided a $152,000 loan to the Downtown Development Authority of Lawrenceville, Georgia to partially finance the acquisition and renovation of a building located at 120 S. Perry Street in downtown Lawrenceville. The Authority provided a simultaneous loan to HPMC Investments, LLC, the project's developer. The completed project houses commercial office space. Oconee State Bank is the project's senior lender.

Project Details

Loan Recipient
Downtown Development Authority of Lawrenceville, Georgia

Sub-Recipient
HPMC Investments, LLC

Project Cost
$395,776

GCF Loan Amount
$152,000

DD RLF Loan Amount, if any
N/A

Project Use
Commercial office space
After
Foundation Project Impacts
299 New Downtown Businesses
1728 New Jobs Downtown
$147 Million in Private Investments
8 Cultural Facilities
288 Downtown Housing Units
157 Hotel Units Downtown
1,352,805 Redevelopment Floor Area sf
200,267 New Construction sf