Commerce, Opera House

Closing Date: March 1, 2005
In March 2005 the Foundation closed a loan to the Commerce DDA for the Opera House renovation project.

Project Details

Loan Recipient
Commerce DDA

Sub-Recipient
Robert House and LiJing Ling

Project Cost
$380,000

GCF Loan Amount
$197,000

DD RLF Loan Amount, if any
N/A

Project Use
Three commercial spaces on first floor; multi-purpose arts center on upper
Before
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