Blue Ridge, 594 East Main

Closing Date: January 7, 2015
In January 2015, the Foundation provided a $116,000 loan to the Fannin County Development Authority for the acquisition and renovation of a commercial building located at 594 East Main Street in downtown Blue Ridge. The completed project houses leasable commercial space. The total project cost is $290,000.

Project Details

Loan Recipient
Fannin County Development Authority

594 East Main, LLC

Project Cost

GCF Loan Amount

DD RLF Loan Amount, if any

Project Use
Commercial 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