A.G. Rhodes Cobb County

New Markets Tax Credit Coalition

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

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