DDA agrees to help downtown microbrewery get loans, updates othe - WALB.com, South Georgia News, Weather, Sports

DDA agrees to help downtown microbrewery get loans, updates other projects.

(Source:WALB) (Source:WALB)
(Source:WALB) (Source:WALB)
ALBANY, GA (WALB) -

The Downtown Albany microbrewery set to open in September is a little closer to completion.  

The Downtown Development Authority approved to complete a state revolving loan application for Pretoria Fields at its meeting Wednesday. 

While the DDA files the initial application, the business would be responsible for paying it back.

The application covers a total of $500,000 worth of loans from the Georgia Cities organization and the State Department of Community Affairs. 

"We're kind of signing off to make sure this project is in line with what we're doing for downtown redevelopment," Downtown Manager Latoya Cutts said. "It does kind of tie in with our master plan for downtown redevelopment."

Interest in other Downtown Albany projects is still growing, according to development officials. 

They said four different applicants are now interested in Front Street Market properties. 

Getting those spaces ready could take 90 to 120 days, once redesign construction begins.

Officials said those interested are a mix of both new and existing business owners. 

They add that the construction of apartments at the Albany Heights building are still on schedule. They expect people to be able to move in by the end of the year.

Copyright 2017 WALB. All rights reserved. 

Report an error Submit a tip to WALB News 10

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Albany Civic Center future management vote pushed back

    Albany Civic Center future management vote pushed back

    Tuesday, January 23 2018 11:02 PM EST2018-01-24 04:02:27 GMT
    City commissioners are expected to vote at Tuesday's meeting if they are going to approve a contract with Spectra by Comcast Spectacor. (Source: WALB)City commissioners are expected to vote at Tuesday's meeting if they are going to approve a contract with Spectra by Comcast Spectacor. (Source: WALB)

    A new company may be taking over Albany's Civic Center. City commissioners were expected to vote at Tuesday's meeting if they are going to approve a contract with Spectra by Comcast Spectacor.

    More >>

    A new company may be taking over Albany's Civic Center. City commissioners were expected to vote at Tuesday's meeting if they are going to approve a contract with Spectra by Comcast Spectacor.

    More >>
  • City leaders to hold special called meeting for AMA vote

    City leaders to hold special called meeting for AMA vote

    Tuesday, January 23 2018 10:41 PM EST2018-01-24 03:41:40 GMT
    Albany Museum leaders are hoping to move one step closer to making their downtown location a reality (Source: WALB)Albany Museum leaders are hoping to move one step closer to making their downtown location a reality (Source: WALB)

    Albany Museum leaders are hoping to move one step closer to making their downtown location a reality. City leaders will vote on whether to approve a $1.5 million line of credit for the relocation.

    More >>

    Albany Museum leaders are hoping to move one step closer to making their downtown location a reality. City leaders will vote on whether to approve a $1.5 million line of credit for the relocation.

    More >>
  • Changes coming for Lee Co. Public Safety employees

    Changes coming for Lee Co. Public Safety employees

    Tuesday, January 23 2018 9:30 PM EST2018-01-24 02:30:09 GMT
    The county commission voted to approve a new schedule for all fire and EMS employees and give them all a pay raise. (Source: WALB)The county commission voted to approve a new schedule for all fire and EMS employees and give them all a pay raise. (Source: WALB)

    The county commission voted to approve a new schedule for all fire and EMS employees and give them all a pay raise. 

    More >>

    The county commission voted to approve a new schedule for all fire and EMS employees and give them all a pay raise. 

    More >>
Powered by Frankly