Bowdon, Hardware Project

Closing Date: August 24, 2005
The Foundation closed a $137,239 loan to the Development Authority of the City of Bowdon on August 24 for the renovation of the former Bowdon Hardware store in downtown Bowdon. DCA also provided a $137,239 loan. The Development Authority then provided loans to the project's developer, Look Into the Future Properties II, LLC. The project will contain two commercial spaces on the first floor and two loft apartments upstairs. The estimated project cost is $406,000

Project Details

Loan Recipient
Development Authority of the City of Bowdon

Sub-Recipient
Look Into the Future Properties II, LLC

Project Cost
$387,006

GCF Loan Amount
$137,239

DD RLF Loan Amount, if any
$137,239

Project Use
Commercial/Lofts
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