
Today, officials in Baltimore attended a groundbreaking for the Lexington Market rejuvenation project. Cinnaire provided $11 million in NMTC financing to support the revitalization of the historic Baltimore market. The 238-year old structure will undergo a $40 million transformation to create a modern gathering place for all of Baltimore and a hub for community, culture, health, and wealth-building. Cinnaire Lending and Enterprise Community Loan Fund partnered to provide a $6.7 million loan to facilitate the NMTC financing.
Some highlights via Twitter:
Cinnaire is proud to join @BDCBaltimore & the many project partners that made this possible! #NMTC https://t.co/nwtHmSdKjC https://t.co/d9uwjr32Pk
— Cinnaire (@Cinnaire) February 18, 2020
Local and State leaders break ground on the Lexington Market redevelopment project. #Baltimore #Maryland #smallbusiness 🦀 pic.twitter.com/Pzbygrcyhf
— Erick Ferris (@erick_ferris) February 18, 2020
Lexington Market has been a community staple in Baltimore for over 200 years and an innovative model for public markets across the nation. Today we broke ground for the redevelopment project that will ensure Lexington Market continues to stand as a place of community for all. pic.twitter.com/KLtW9hxrXa
— Brandon M. Scott (@MayorBMScott) February 18, 2020
The $40 million Lexington Market project officially broke ground Tuesday morning. https://t.co/fEjH51FnQZ
— WJZ | CBS Baltimore (@wjz) February 18, 2020