Macon-Bibb County, 369 Second Street

Closing Date: November 24, 2014
In November 2014, the Foundation provided a $250,000 loan to the Macon-Bibb County Urban Development Authority for the renovation of a historic building located at 369 Second Street in downtown Macon. The Georgia Department of Community Affairs also provided a $250,000 loan for the project. The completed project houses three street-level commercial spaces and twelve residential apartments. The total project cost is $1,455,452.

Project Details

Loan Recipient
Macon-Bibb County Urban Development Authority

Sub-Recipient
369 Second Street, LLC

Project Cost
$1,455,452

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
$250,000

Project Use
Mixed-Use
After
Before
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