Villa Rica, Wilson Street Building Renovation

Closing Date: May 2, 2006
In May 2006, the Foundation provided a $182,000 loan to the Villa Rica Downtown Development Authority for the renovation of a 6,000 square foot building located at 220 W. Wilson Street in downtown Villa Rica.The completed project will house four commercial spaces and forty paved parking spaces.

Project Details

Loan Recipient
Villa Rica DDA

Sub-Recipient
Thomas J. Large

Project Cost
$447,000

GCF Loan Amount
$182,000

DD RLF Loan Amount, if any
N/A

Project Use
Commercial
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