Augusta, 901 Greene Street

Closing Date: January 16, 2019
On January 16, 2019, GCF provided a $250,000 loan to the Downtown Development Authority of Augusta to assist in financing a commercial renovation project at 901 Greene Street in downtown Augusta. The Authority provided a simultaneous loan to 901 Green Street LLC, the project's developer. Atlantic Capital Bank was the project's senior lender.

Project Details

Loan Recipient
Downtown Development Authority of Augusta

Sub-Recipient
901 Green Street LLC

Project Cost
$3.048,000

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
N/A

Project Use
Shared Office Space
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