Valdosta, 110-114 West Hill Avenue

Closing Date: December 15, 2014
In December 2014, the Foundation provided a $250,000 loan to the Central Valdosta Development Authority for the renovation of the historic Cranford Building located at 110-114 West Hill Avenue in downtown Valdosta. The Georgia Department of Community Affairs also provided a $250,000 loan for this project. The completed project houses three street-level commercial spaces and eleven residential apartments. The total project cost is $2,269,040.

Project Details

Loan Recipient
Central Valdosta Development Authority

West Hill Avenue Properties, 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