LaGrange, Ellis & Ellis Realty Project

Closing Date: August 28, 2008
In August 2008, the Foundation provided a $250,000 loan to the Downtown LaGrange Development Authority for the acquisition of a dilapidated building on Broome Street in downtown LaGrange.

Project Details

Loan Recipient
Downtown LaGrange Development Authority

Sub-Recipient
Ellis & Ellis Realty, LLC

Project Cost
$1,300,648

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
$250,000

Project Use
Office
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