The Renaissance, run by Roddy Properties, is a three-story, $ 25 million building located on the Spring Street side of the plaza, with space for six retail stores and two restaurants on the first floor. The second floor will house the Department of Adolescent Psychology at the University of Brenau. The third floor is made up of seven condos.
The first-floor restaurants are in final negotiations, but development is expected to be completed by the end of this year with only minor tasks to be completed in January, according to Lackey.
The Solis Gainesville Project is a $ 50 million mixed-use development led by Terwilliger Pappas. The six-acre property will include 223 apartments and two restaurants facing Jesse Jewell Parkway. Restaurants will be located just outside Gainesville Square, at the end of a pedestrian bridge formerly known to locals as the “Bridge to Nowhere”.
Other projects include the $ 15 million Bourbon Brothers Smokehouse and Music venue and a $ 75 million Courtyard Marriott hotel and apartment complex named The National.
Lackey said two of the private projects are in a tax allocation district, which means they could get some of their property taxes refunded over the next 15 years. He said the city approved up to $ 11 million in tax refunds for The National and $ 3 million for Gainesville Renaissance, but the final amount will be determined by how much developers have spent on the projects.
In addition, the city is undertaking a $ 3 million street development, which will come from the general fund, and $ 13 million for a new parking lot on the north side of the plaza financed by local sales taxes.
Chris Richardson, a local business owner who operates three restaurants in the square – Re-cess Southern Gastro Pub, Stables at Re-cess and YellowFin – said he welcomed the changes, even though construction was a scrapper -Head aggravated by pandemic restrictions.
“The construction hit us hard because of a parking lot perspective, just chaos,” he said, adding that the sidewalk renovations limited access to the front door to businesses from. Bradford Street.
But the city has tried to bypass the schedules of these businesses, Richardson said, and now that the work is complete, its restaurants are starting to see an increase in customer base.
“My three restaurants will gain outdoor seating due to the enlarged sidewalks,” he said. “When the weather is nice, it’s best to sit outside, which will bring in a lot of new faces. “
Holly Litton, 49, lived in Gainesville for 10 years before moving to Cumming, Ga., And said she was surprised to see the place now. She said the renovations are giving downtown Gainesville a facelift.
“I usually pass through Gainesville so this is the first time I’ve walked the plaza in quite a while and I’m amazed at what’s going on,” she said.
Mary Lina Pardue, 48, director of children’s ministry at the First United Methodist Church in Gainesville, said she came downtown to eat, shop and have her hair done at a local salon.
“It gives us a complete downtown, like a destination where everyone wants to be,” Pardue said.
MEET OUR PARTNER
Working closely with the American Press Institute, the Atlanta Journal-Constitution is embarking on an experiment to identify, nurture and expand a network of press partnerships in Metro Atlanta and the state.
Partnering with others will help our newsroom connect with more communities, audiences, and topics. These partnerships will also help us fulfill our mission of informing and empowering readers with real, rigorous, and in-depth journalism that builds a better Metro Atlanta and Georgia for this generation and the next.
Our hope is to be able to offer our readers – and those of our partners – an enriched and more complete report.
The partnership with Fresh Take Georgia – a nonprofit digital news service from the Center for Sustainable Journalism at Kennesaw State University in Georgia – is one of our first, and over the next few weeks we will introduce other partners.
We would love to hear your feedback on how it works, and we are happy to answer any questions you have about our partnerships.
You can contact Senior Director of Partnerships Nicole Williams by email at [email protected].
After all, your feedback will only help us improve.