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Gainesville, Main Street Market Project
Closing Date: April 17, 2003
The Foundation provided a $200,000 loan in April 2003 for the purchase and renovation of the former J. C. Penney building in downtown Gainesville. The facility, to be known as Main Street Market, houses a variety of retail shops and restaurants.
Project Details
Loan Recipient
Gainesville Redevelopment Authority
Sub-Recipient
Douglas and Debra Harkrider
Project Cost
$1,100,000
GCF Loan Amount
$200,000
DD RLF Loan Amount, if any
$200,000
Project Use
Retail Mini-Mall
After
Foundation Project Impacts
335 New Downtown Businesses
2196 New Jobs Downtown
$208 Million in Private Investments
8 Cultural Facilities
347 Downtown Housing Units
157 Hotel Units Downtown
1,600,000 Redevelopment Floor Area sf
229,000 New Construction sf