Thomasville, 117 W. Jefferson Street

Closing Date: January 6, 2016
In January 2016, GCF provided a $250,000 RLF loan to the Thomasville DDA for the acquisition and renovation of a commercial building located at 117 W. Jefferson Street in downtown Thomasville. The DDA provided a simultaneous loan to Jefferson & Madison, LLC, the project’s developers. The completed project houses leasable office space. Thomasville National Bank and the Georgia Department of Community Affairs also provided financing for this project. The total project cost is $1,300,000.

Project Details

Loan Recipient
Thomasville DDA

Sub-Recipient
N/A

Project Cost
$1,300,000

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
$250,000

Project Use
Office Space
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