Rome, Hampton Inn

Closing Date: January 31, 2017
In January 2017, GCF provided a $250,000 RLF loan to the Downtown Development Authority of the City of Rome for the construction of an infill project at 875 W. First Street in downtown Rome. The Authority provided a simultaneous loan to Shriji Hospitality Rome, LLC, the project's developer. The completed project houses a Hampton Inn & Suites hotel, featuring 90 guest rooms and suites. Citizens First Bank was the project's senior lender. Other project financing was provided by the Georgia Department of Community Affairs.

Project Details

Loan Recipient
Downtown Development Authority of the City of Rome

Shriji Hospitality Rome, 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