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Social Circle, Blue Willow Village
Closing Date: May 29, 2009
The Foundation recently provided a $250,000 loan to the Social Circle DDA for the development of the Blue Willow Village in downtown Social Circle. This project, located on the grounds of the Blue Willow Inn restaurant, includes a Victorian retail village and a natural history museum and studio. The project cost is $3,246,706.
Project Details
Loan Recipient
Downtown Development Authority of Social Circle
Sub-Recipient
Blue Willow Village, Inc.
Project Cost
$3,246,706
GCF Loan Amount
$250,000
DD RLF Loan Amount, if any
$250,000
Project Use
Retail Village and Museum
After
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