Projects

Athens-Clarke County, Arthaus

Closing Date: June 25, 2006
The Foundation provided a $250,000 loan on July 25, 2006 to assist in the renovation of the Snow Tire Company Recap Plant into the Athens Arthaus. The building will be an art-house style building that will house a cinema and restaurant.

Project Details

Loan Recipient
Downtown Authority for the City of Athens

Sub-Recipient
Athens Arthaus LLC

Project Cost
$2,475,000

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
N/A

Project Use
Cinema and Restaurant
After
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