The City of Gainesville has a comprehensive plan to guide developments in downtown Gainesville. New and recently completed developments include connecting downtown with a pedestrian bridge, greenway enhancements, street-scaping, establishing an entertainment district, repurposing historic buildings, developing high-density urban housing and leveraging private investments to develop a state-of-the-art hotel and conference center.
Reasons to Invest in Downtown Gainesville:
- Existing Historic Downtown Square –Gainesville already has what new cities are paying to create. Gainesville’s downtown serves as the central business district for the over 40,000 city residents and the estimated 150,000 commuters that work and shop in the county seat.
- Walkability – Midtown Greenway, Pedestrian Bridge and Wilshire Trails provide pedestrian connectivity.
- Restaurants and cafes – Scott’s Restaurant, Luna’s, Avocados, Recess Southern Gastro Pub, Sweet Magnolias, Atlas Pizza, 2 Dog Restaurant, Yellow Fin, Inman Perk, Midland Station, Annastasia’s Tea Room, The Collegiate and 37 Main.
- Retail Center – Downtown Gainesville is a major center for local, independently owned retail businesses.
- Central to world-class healthcare service providers employing over 12,800 people.
- Proximity to Art – Brenau University’s main campus collection, the Manhattan Gallery, Gallery on the Square, the Quinlan Visual Arts Center and Vision 2030’s Public Art Program in Downtown Gainesville.
- Performing Arts Venues – The Arts Council, Brenau Downtown Center Theatre, the historic Pearce Auditorium, The John Burd Center for the Performing Arts and the Northeast Georgia History Center.
- Traffic Counts – 39,200 vehicles per day pass under the Pedestrian Bridge on Jesse Jewell Parkway, 33,500 vehicles per day pass by the Greater Hall Chamber on E.E. Butler Parkway and another 10,500 on Academy Street. Free parking.
- Much of the Downtown area is listed in the National Register of Historic Places, which potentially provides for tax incentive opportunities.
- State of Georgia Opportunity Zone in Place – $3,500 state income or payroll withholding tax credit available to employers for each of five years for each new full-time job; earn up to $17,500 per job created.
- Federal New Market Tax Credit Financing and Federal Opportunity Zone eligible area for qualified projects.
- Tax Allocation District available for funding support of public infrastructure improvements.
- Gainesville has a new Downtown Development Plan with a vision for the future.