Augusta, Groucho's Deli

Closing Date: December 27, 2018
On December 27, 2018, GCF provided a $120,250 loan to the Downtown Development Authority of Augusta to partially finance leasehold improvements and equipment at 758 Broad Street in downtown Augusta. The DDA provided a simultaneous loan to Augusta Deli, LLC, the project's developer. The completed project houses a Groucho's Deli.

Project Details

Loan Recipient
Downtown Development Authority of Augusta

Augusta Deli, LLC

Project Cost

GCF Loan Amount

DD RLF Loan Amount, if any

Project Use
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