100 Prince Avenue (2018), Athens, GA

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

COMMUNITY IMPACT

The 100 Prince project is the redevelopment of the former St. Joseph’s Catholic Church into a mixed‐use site to include: 34 housing units (10 units will be affordable @ 80% AMI); a grocery space; three small shop spaces. The retail portion of the project consists of construction and development of 20,357 sq. ft. of retail space with subsidized rent space for a Piggly Wiggly Express (10,000 sq. ft.) and other subsidized retail/restaurant space (10,357 sq ft). The lead tenant, Piggly Wiggly is known as a low‐price food provider. They will provide fresh produce, meat, baker and dairy areas, as well as other standard food. The store will be a franchise store owned by a minority business enterprise that already operates several Georgia stores. Downtown Athens is a food desert. The ability for local residents to find fresh and healthy food alternatives has been limited. – none CBA: yes, the project is located in a severely underserved community and the availability of NMTCs has enabled lenders to provide the loan on terms and conditions that are flexible and non-traditional; and provide Residential rental units to income restricted (80% of MFI) individuals. Prince Avenue Market is the new construction of a four-story, mixed-use building with 20,500 square feet of retail and commercial space and 34 homes in Athens, Georgia. The retail space is anchored by the first full-service urban grocery store in the area, providing much needed access to affordable fresh food. The project is part of a larger multi-phase development and adaptive reuse of the former St. Joseph’s Catholic Church adjacent and surrounding properties.

Project Map

Other Georgia Projects

RWDC Industries

RWDC Industries
Project City:
Athens
Project Year:
2020

Academy Lofts Adair Park

Academy Lofts Adair Park
Project City:
Atlanta
Project Year:
2020
The George W. Adair School, constructed in 1912 at the heart of the Adair Park neighborhood in Atlanta, Georgia operated as both a school and a community gathering center for ...
Read More

Ron Clark Academy

Ron Clark Academy
Project City:
Atlanta
Project Year:
2020
The NMTC allocation will assist with the construction of the new 42,000-square-foot state-of-the-art Ryan Marshall Performing Arts Center, which will expand the existing school building both for student activities as ...
Read More

Grove Park YMCA

Grove Park YMCA
Project City:
Atlanta
Project Year:
2019
The Grove Park Initiative is sponsored by Grove Park Foundation, founded in 2015. Grove Park Foundation brings together several community stakeholders, including, Purpose Built Communities, Atlanta Public Schools (APS), KIPP, ...
Read More

Mannington Mills 2 – Rigid Core

Mannington Mills 2 - Rigid Core
Project City:
calhoun
Project Year:
2019
Summary: The NMTC financed equipment purchase for a flooring manufacturer to bring a line of business onshore that is currently 100% imported from China. Mannington Mills, Inc. is a fifth-generation ...
Read More

Atlanta Habitat for Humanity

Atlanta Habitat for Humanity
Project City:
Atlanta
Project Year:
2019
Working capital financing to leverage funds that Atlanta Habitat for Humanity has raised to build new headquarters to serve the South Fulton Community, as well as construct infrastructure development for ...
Read More

Atlanta Police Foundation – At-Promise Youth Center

Atlanta Police Foundation - At-Promise Youth Center
Project City:
Atlanta
Project Year:
2019
NMTC financed the construction of two new @Promise Youth Centers, state-of-the-art community facilities that emphasize creating positive relationships between police officers and the community. The facilities provide space for youth ...
Read More

Mannington Mills

Mannington Mills
Project City:
Calhoun
Project Year:
2019
Mannington Mills, Inc. specializes in manufacturing residential and commercial sheet vinyl, luxury vinyl, carpet, and laminate/hardwood flooring. The project will include acquiring and renovating a distribution center in the small ...
Read More

Boys & Girls Club of Augusta

Boys & Girls Club of Augusta
Project City:
Augusta
Project Year:
2019
Boys & Girls Club - Augusta (“Boys & Girls Club”) is the renovation and expansion of the Boys & Girls Club Hagler Facility and the construction, equipment and furniture purchase, ...
Read More

Prince Avanue Market

Prince Avanue Market
Project City:
Athens
Project Year:
2019
Prince Avenue Market is the new construction of a four-story, mixed-use building with 20,500 square feet of retail and commercial space and 34 homes in Athens, Georgia. The retail space ...
Read More

100 Prince Avenue

100 Prince Avenue
Project City:
Athens
Project Year:
2018
The 100 Prince project is the redevelopment of the former St. Joseph's Catholic Church into a mixed‐use site to include: 34 housing units (10 units will be affordable @ 80% ...
Read More

Quest Nonprofit Center for Change

Quest Nonprofit Center for Change
Project City:
Atlanta
Project Year:
2018
The project involves the construction of a 26,000 square foot Quest Nonprofit Center for Change that will house community and commercial services. Over the past 15 years, Quest has provided ...
Read More

Moving in the Spirit – Space to Soar

Moving in the Spirit - Space to Soar
Project City:
Atlanta
Project Year:
2018
The project involves acquisition and construction of a 21,500 square foot transit oriented development of a nonprofit arts organization. The facility ("Space to Soar") will include a variety of spaces ...
Read More

Atlanta Neighborhood Development Partnership

Atlanta Neighborhood Development Partnership
Project City:
Atlanta
Project Year:
2018
Financing of Single Family Homes for Atlanta Neighborhood Development Partnership. John O’Callaghan, CEO of Atlanta Neighborhood Development Partnership, saw the opportunity to leverage NMTC dollars as a path to providing ...
Read More
Loading...