Augusta, 967 Broad Street Project

Closing Date: November 21, 2011
In December 2011, the Foundation provided a $111,860 loan to partially finance the acquisition and renovation of a four-story building in downtown Augusta. The completed project houses street-level commercial space, and three residential loft apartments. The total project cost is $276,360.

Project Details

Loan Recipient
Downtown Development Authority of Augusta

Elliott Building, LLC

Project Cost

GCF Loan Amount

DD RLF Loan Amount, if any

Project Use
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