McDonough, Southern Roots Tavern & Eatery

Closing Date: September 27, 2019
On September 27, 2019, the Foundation provided a $212,500 loan to the Downtown Development Authority of the City of McDonough to assist in financing renovations to a commercial building located at 15 Griffin Street in downtown McDonough. The DDA provided a simultaneous loan to Southern Investment Group, LLC, the project's developer. The completed project houses a restaurant, Southern Roots Tavern & Eatery.

Project Details

Loan Recipient
Downtown Development Authority of the City of McDonough

Sub-Recipient
Southern Investment Group, LLC

Project Cost
$1,035,000

GCF Loan Amount
$212,500

DD RLF Loan Amount, if any
$212,500

Project Use
Restaurant
After
Before
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