Newnan, 11-13 Jefferson Street

Closing Date: February 21, 2014
In February 2014, the Foundation provided a $225,000 loan to the Newnan DDA to assist in financing the acquisition and renovation of two adjoining buildings located at 11 & 13 Jefferson Street in downtown Newnan. The Georgia Department of Community Affairs also provided a $225,000 loan for this project. The completed project now houses a restaurant, Meat-N-Greet. The total project cost is $700,000.

Project Details

Loan Recipient
Newnan DDA

Sub-Recipient
N/A

Project Cost
$700,000

GCF Loan Amount
$225,000

DD RLF Loan Amount, if any
$225,000

Project Use
Restaurant
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