Dahlonega, Smith House Renovations

Closing Date: April 12, 2007
On April 12, 2007, the Foundation closed a $250,000 loan to the Dahlonega Downtown Development Authority for Phase One renovations to The Smith House Restaurant, located at 84 South Chestatee Street in downtown Dahlonega. DCA also provided a $250,000 DD RLF loan for this project. The DDA provided simultaneous loans to The Smith House, Inc., the project's developer.

Project Details

Loan Recipient
Dahlonega Downtown Development Authority

The Smith House, Inc.

Project Cost

GCF Loan Amount

DD RLF Loan Amount, if any

Project Use
Restaurant/Gift Shop Renovations
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