Rome, Forrest Hotel Renovation

Closing Date: October 8, 2002
In October 2002, the Foundation provided a $250,000 loan for the renovation of the Forrest Hotel, a circa 1916 hotel building located in downtown Rome.

Project Details

Loan Recipient
Rome Downtown Development Authority

Forrest Place, LLC

Project Cost

GCF Loan Amount

DD RLF Loan Amount, if any

Project Use
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