Dahlonega, McGuire House

Closing Date: December 11, 2013
In December 2013, the Foundation provided a $250,000 loan to the Dahlonega DDA to partially finance the renovation of the historic McGuire House building and to construct an adjoining building on the property located at 135 North Chestatee Street in downtown Dahlonega for use as a special events facility and a 13-room hotel. The total project cost is $700,000.

Project Details

Loan Recipient
Dahlonega DDA

Sub-Recipient
N/A

Project Cost
$700,000

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
N/A

Project Use
Hotel and special events facility
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