The Carl Vinson Institute of Government at the University of Georgia was commissioned by the Lyndhurst Foundation to aid the Catoosa County Public Facilities Authority (PFA) in evaluating alternative options for redeveloping the Hutcheson Building site. PFA’s primary goal is to return the parcel to private ownership and select an alternative use that suits the community. Institute researchers collected data on demographics, economic trends, and long-term sustainability to aid PFA in determining the feasibility of various uses for the property. PFA prefers to renovate and preserve the existing facilities. This report presents the projected renovation costs of the facilities and estimates of the direct, indirect, and induced economic impact of the two PFA-selected alternative uses. This report will aid PFA in selecting a private developer to achieve its vision and redevelop the site in a way that offers long-term stability and fosters additional economic opportunities.
