Augusta Business Daily

Monday, June 5, 2023

Major Downtown Development News

The numbers are in from 2022 and the Augusta DDA says 47 more businesses opened in downtown Augusta vs. closed, while 11 additional businesses expanded their footprint in the Broad Street corridor.

The DDA says it all resulted in $93.2 million in private investment within the commercial sector.

Housing wise, the DDA is partnering with investors, developers, and commercial entities to increase the options available to workforces.

The DDA says in 2022, 234 new units became available in downtown Augusta, and 176 more broke ground. This trend is moving forward at full speed, with another 465 units on the drawing board so far in 2023.

The DDA awarded nine facade grants to downtown small businesses taking steps to improve our city center, totaling $45,000.

More Posts

Helping you start strong

Carey Pifer, relocation director of Southeastern Residential, sits down with Augusta Business Daily publisher, Neil Gordon to talk about ways