Buzz on Biz January 2017

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Jan. 26-Feb. 22, 2017 • The CSRA’s monthly business Magazine

Expanded Downtown Coverage Pages 32-33

EXPLOSIVE GROWTH happening IN DOWNTOWN AUGUSTA

Renovations, sales show long-worked-for vitality returning to heart of city BY amanda king

Havird Usry is ready for the growth that is coming to downtown Augusta. Long before the announcement of the Georgia Cyber Innovation and Training Center in early January, Usry’s family and other downtown business leaders worked toward making downtown a great place to work and play. “Since 1948, we’ve been committed to downtown Augusta,” he said. “I think this just furthers our commitment to the growth and progression of downtown.” Usry, vice president of Operations and Development at Fat Man’s Cafe and Catering in Enterprise Mill, recently purchased the buildings at 1006 and 1008 Broad Street. The 1008 property has been leased to New York High Style for the last 38 years. The men’s clothing store will continue business, although Usry plans to renovate 1006 Broad and bring up it up to code then move New York High Style to that location. The 1008 property will then be renovated for a restaurant that will be owned and operated by Usry and his father, Brad Usry. The new endeavor will be unlike anything Augusta has ever seen, Usry teased, not ready to give any specifics this early in the planning stages. “It’s completely out of the box,” he said. Usry’s plan fits with exactly what Augustans say they want from their downtown shopping, dining and nightlife. In a recent poll, 50 percent of Buzz on Biz

In a recent poll, 50 percent of Buzz on Biz Twitter followers said they would visit downtown Augusta more often if there were more options to choose from for shopping, dining and nightlife. Recent movement in the downtown real estate market means that they could soon get their wish. Photo by Melissa Gordon

Twitter followers said they would visit downtown more if they had more options to choose from for those activities.

Cyber impact

The market will also demand more options. With the recent announcement by Gov. Nathan Deal that a $50 million cyber training center will be built at the Augusta University Riverfront Campus at the site of the former Golf and Gardens, even more growth is possible. The new facility will make Augusta a big name and business attraction across the nation in

light of the rising threat of cyberattacks. “Cybersecurity is especially important now that cybercrime is bigger than the global black market for marijuana, cocaine and heroin combined,” Deal said at the Georgia Chamber of Commerce’s annual Eggs and Issues breakfast. Deal’s announcement will only add fuel to the progress that has happened downtown in the last two years. Janie Peel, real estate broker with Prime Commercial Properties, said the Augusta economy has turned around and is marching forward with banks loaning again and development revving up.

Driving down Broad Street looks much different than has in recent years. After years of buildings sitting vacant with faded For Sale signs in the windows, those signs now have “Sold” draped across the front of them. “The market is very good,” Peel said. Several “Sold” signs have been spotted along the 1100 block of Broad Street between Chop Shop Barber Shop and Farmhaus Burgers, and on land between the restaurant and building. Although the Downtown Development Authority will See DOWNTOWN on Page 4


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