A.G. Rhodes Cobb County

Marietta,
GA
(2022)

A.G. Rhodes Cobb County

Healthcare, Nursing Homes and Hospice

The project will allow the region's oldest mission-driven nonprofit skilled nursing operator to provide high quality skilled nursing, memory care, and outpatient. services.

Investment

NMTC Amount: $32,500,000
Total Project Cost: $37,639,538

IMPACT

38 FTE jobs
125 construction jobs
The project will create between 100 and 150 construction jobs and will retain an additional 134 jobs.
131,507 sq. ft. of real estate

CDEs

Enterprise Community Partners, Local Initiatives Support Corporation, Rose Urban Green Fund, The Reinvestment Fund

Investor

Capital One

Project Description

A.G. Rhodes is renovating and expanding its Cobb County facility. The project includes the construction of a new 75,000 sq. ft., three-story memory care wing designed to be a model for best practices in person-directed memory care. The new wing will have 72 private memory care beds organized into 6 “households” that have 12 resident rooms, a residential-scale kitchen and dining area, a living room and sunroom, and laundry facilities.

The project will allow the region’s oldest mission-driven nonprofit skilled nursing operator to provide high quality skilled nursing, memory care, and outpatient. services.

MAP

Address: 900 Wylie Road Southeast, Marietta, GA 30067

Other Georgia Projects

Trident Seafoods

Carrollton,
GA
(2013)

Adult Education, Business Development, College or Vocational Training, Community, Food Manufacturing, Manufacturing

CDE(s): Chase, Dudley Ventures

Trident Seafoods established an East Coast fish processing and distribution facility, which was otherwise cost prohibitive without the NMTC financing.

American Peanut Growers Group, LLC

Donalsonville,
GA
(2021)

Timber and Agriculture

CDE(s): Carver State Bank, Midwest Renewable Capital, National New Markets Fund, United Bank of Alabama, United Fund Advisors

Formed in 2003, American Peanut Growers Group LLC is a farmer-owned cooperative shelling plant that returns the profit over the farmer stock price directly back to the growers through distributions,

Coca-Cola Bottling United East

Tifton,
GA
(2020)

Business Development, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): Carver State Bank, Rural Development Partners, Truist

NMTC financing helped Coca-Cola Bottling UNITED, expedite expansion of their operation to a worthy, supportive community deserving of opportunity.

AVAPCO

Thomaston,
GA
(2014)

Adult Education, Business Development, College or Vocational Training, Community, Energy, Manufacturing, Plastics and Chemicals, Rural

CDE(s): AMCREF Community Capital, Capital One, Dudley Ventures

The AVAPCO project consists of the acquisition, expansion and leasing of an existing biomass research, development, and demonstration facility located in Thomaston, Georgia.