Grant & Loan Awards: Pulaski County


Equity

Pulaski County

Equity Fund: $500,000

Awarded: 11/07/2007

Applicant: Middle Georgia Regional Development Authority


Description:
Equity funds to assist with the renovation of a historically significant structure, the 90-year old, 11,200 SF former Pillowtex Mill site located in downtown Hawkinsville for use as the Ocmulgee River Community Market. The local economy was devastated in 2001 when the plant closed and 519 employees were displaced, leaving behind slum and blight. Specifically, the redevelopment will feature 37-40 sheltered vendor stalls for agricultural products and crafts from local and regional artisans, a restaurant and two retail shops. The existing unsheltered farmers market has been operated by Better Hometown since 2004; has expanded from 16 weeks annually to year-round; and vendor membership has increased from 10 to 30. Up to 65 residential units (Cottonmill Lofts) will be constructed by NC-based developer, Landmark Group as a part of this mixed-use redevelopment along the Ocmulgee River.


Total Budgeted Project Cost: $8,303,980


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