McDonough, Hamilton Building

Closing Date: November 6, 2009
The Foundation provided a $90,625 loan to the Downtown Development Authority of the City of McDonough for the rehabilitation of the Hamilton Building in downtown McDonough. The completed project houses commercial office space. The total project cost is $795,450.

Project Details

Loan Recipient
McDonough DDA

Sub-Recipient
34 Macon Street, LLC

Project Cost
$795,450

GCF Loan Amount
$90,625

DD RLF Loan Amount, if any
$90,625

Project Use
Commercial Office Space
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