Grant & Loan Awards: Baldwin County


Baldwin County

Equity Fund: $200,000

Awarded: 06/30/2010

Applicant: Baldwin County

Equity grant funds will be used to assist with road infrastructure improvements to support the build-out of a large commercial center at the intersection of Log Cabin Road and Highway 441. The proposed commercial development includes as an anchor tenant a 93,000 square foot Kroger Marketplace, restaurants, a drive-in bank and other retail establishments. The development is focused on meeting the needs of Baldwin County’s growing population as well as supporting the growing tourism industry at Lake Sinclair. US Hwy 441 is one of the only major highways leading from the north Georgia border to the Florida border in the south. Baldwin County has previously invested over $5 million in water and sewer infrastructure with the goal of developing this section of Hwy 441 as an economic development corridor. . This proposed project will result in over $16 million in private investment, the retention of 81 jobs and the creation of 89 new positions, or 55 FTE jobs within 24 months of start-up.

Total Budgeted Project Cost: $16,945,300

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