Valdosta, Heritage Properties Project

Closing Date: July 24, 2007
In July 2007, the Foundation provided a $225,000 loan to the Central Valdosta Development Authority for the Foundation for the renovation of the property located at 105 and 107 South Patterson Street downtown. The buildings now houses office and retail space.

Project Details

Loan Recipient
Central Valdosta Development Authority

Heritage Properties, LLP

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