Moultrie, Elevate Fitness

Closing Date: August 10, 2018
On August 10, 2018, GCF provided a $250,000 loan to the Downtown Development Authority of Moultrie to assist in financing the acquisition and renovation of two commercial buildings located at 300 2nd Street, NE in downtown Moultrie. The Authority made a simultaneous loan to H2G Investments, LLC, the project's developer. The completed project houses a fitness center, Elevate Fitness.

Project Details

Loan Recipient
Downtown Development Authority of Moultrie

Sub-Recipient
H2G Investments, LLC

Project Cost
$350,500

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
N/A

Project Use
Fitness Center
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