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Grass Valley, CA (2006)

Grass Valley Courtyard Suites

NMTC financing supported an expansion of a small, boutique hotel in Grass Valley, CA.

Investment

  • NMTC Amount: $3,500,000
  • Total Project Cost: $4,500,000

IMPACT

  • 13 FTE jobs
  • 23 construction jobs

CDEs

Investor

Project Description

NMTC financing supported an expansion of a small, boutique hotel in Grass Valley, CA. The hotel was able to add 26 new rooms, plus a meeting space.

The seven buildings that compose the $2.7 million, 22,000-square-foot Grass Valley Courtyard Suites facility were overseen by Bobby Brown Construction of Grass Valley. Robert Walker of Nevada City was the architect.

This project – along with parallel efforts to bring tourism to Grass Valley – were important in bringing foot traffic back to Main Street. The project also generated 13 new FTE jobs and 23 construction jobs.

MAP

Address: 210 North Auburn Street, Grass Valley, CA 95945

Census Tract: 6057000501

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