Rome, Broad Street, LLC Project

Closing Date: February 15, 2008
In February 2008, the Rome Downtown Development Authority received a $250,000 loan from the Georgia Cities Foundation for the Broad Street, LLC Project located at 519 North Broad Street in downtown Rome. The project contains 18,000 square feet of commercial office space for eight businesses.

Project Details

Loan Recipient
Rome Downtown Development Authority

Sub-Recipient
Broad Street, LLC

Project Cost
$2,000,000

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
$250,000

Project Use
Office
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