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MegadealsSubsidy Tracker Individual Entry
Company: Np 15Th Street, LLC
Parent Company:
Subsidy Source: local
Location: Georgia
County: Fulton
Project Description: Finance the development of a 20-story urban high-rise Hampton Inn & Suites Hotel by Hilton composed of approximately 188 guest rooms, restaurant, rooftop bar, outside terrace, meeting and board room space, fitness facility, and approximately 95 valet parking spaces to be located at 1231 West Peachtree Street, NE in Midtown Atlanta, Fulton County, Georgia
Year: 2017
Value of Loan, Loan Guarantee or Bailout Assistance: $51,500,000
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: Fulton County: Bond Financing Program
Awarding Agency: Development Authority of Fulton County
Type of Subsidy: loan or bond financing
Number of Jobs or Training Slots: 75
Source of Data: Direct from agency; not on web
Notes: Year is year of award issuance. Subsidy is the amount of bond. Jobs are projected permanent jobs. The bonds are tied to property tax abatements.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.