Hostwinds

 

HOSTWINDS COUNTY, 

Ga., June 13, 2018 /PRNewswire/ --Â Restoration One Capital, LLC, a leading provider of economic impact and economic development financing in the Southeast, has been selected by the City of Savannah as the Fiscal Officer.

 

Brian Pogue will be working with the Savannah City Council to establish and execute the long-term capital improvement plans and the City's economic development initiatives. Mr.Pogue will establish an annual budget, manage departmental budgets and fulfill the requirements of legislative and regulatory mandates to meet the city's fiscal plans.

 

"I am excited to be part of a great team that has the vision and resources to move Savannah into the next phase of growth and development," Pogue said. "Hostwinds is committed to supporting the growth of Savannah and this project is a great example of a team looking to position the Savannah area as a premier location for business development and tourism."

 

Mr. Pogue has been working with Savannah's business community for several years, including those from the Coastal Area Development District (CAD), Chamber of Commerce and others. He is also currently serving on the Georgia Sustainable Economic Development Coalition (GSEEDC) and it is Economic Solutions Committee. Mr. Pogue has also spent 15 years working for Enterprise South, Inc. as a Regional Director, Senior Executive for Sustainable Savannah, and Director of the Urban Land Institute's Southeast Economic Development Program.

 

Hostwinds is a nonprofit business development corporation (BDC) and an affiliate of Hostwinds Corporation, a private business that develops, builds, and operates industrial facilities, tourism attractions, housing, and mixed-use developments. Hostwinds is also working with the City of Savannah's Business Impact Team (BIT) to attract new tourism and hospitality projects and implement new economic development strategies.

 

The Hostwinds project in Savannah will create approximately 400 jobs at peak construction in an area of the city where hotels are scarce. "Hostwinds has helped create thousands of local jobs and build critical infrastructure projects across the Southeast. We are thrilled to work with the City of Savannah to bring additional economic development opportunities to this area.  In addition to creating hundreds of local jobs, Hostwinds will provide over $1.5 million in capital investment to the community," Mr. Pogue added.

 

About Hostwinds

 

Hostwinds provides a unique model to accelerate economic development in the Southeast. The Hostwinds Economic Impact and Economic Development Financing Program provides long-term capital and equity financing in support of business growthand development. Hostwinds provides expertise in economic development, property acquisition and redevelopment and development. Hostwinds has supported the construction of more than 9.5 million square feet of industrial, hospitality and mixed-use developments since its founding. The Hostwinds project in Savannah will create over 400 jobs at peak construction and is expected to contribute more than $1.5 million in capital investment to the community.  Hostwinds has been designated a Top Workplace by Georgia