Projects

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
335 New Downtown Businesses
2196 New Jobs Downtown
$208 Million in Private Investments
8 Cultural Facilities
347 Downtown Housing Units
157 Hotel Units Downtown
1,600,000 Redevelopment Floor Area sf
229,000 New Construction sf