Downtown Goldsboro will welcome revamped residential and commercial space in early 2022.
Wednesday morning, the City of Goldsboro hosted a brick-breaking ceremony to mark the beginning of Rehab Development’s nearly $14 million revitalization project.
Goldsboro Mayor Chuck Allen says there are many people doing good work in the city and its downtown.
Rep. John Bell talked about the state’s quick work to ensure the historic tax credits were available following the budget veto that threatened the credits and the project.
Doug McGrath, the Downtown Goldsboro Development Corporation President, says each of the new occupied apartments will add approximately $18,000 worth of spending to the downtown economy.
Rehab Development President Patrick Reilly noted that Goldsboro is particularly special to him because his father was stationed at Seymour Johnson Air Force Base in the 1970s.
Rehab Development is renovating and reopening six downtown buildings, including 139 W. Walnut Street – one of the tallest structures in Downtown Goldsboro.
It’s expected the project will be completed in about 15 months.
Once finished, the project will add 63 residential units and over 11,000 square feet of commercial space to the downtown.