New Markets Tax Credit Coalition

Search

Dallas Lite & Barricade

Remediation and rehabilitation of a 23,000+ sq. ft. warehouse building for equipment related to traffic control.

Investment

  • NMTC Amount: $9,000,000
  • Total Project Cost: $9,000,000

IMPACT

  • 154 FTE jobs
  • 71 construction jobs
  • 30% of the company’s hires are considered Opportunity Youth, people ages 16-24 who were previously not in school or working.
  • 23,000 sq. ft. of real estate

Investor

Project Description

Remediation and rehabilitation of a 23,000+ sq. ft. warehouse building for equipment related to traffic control. Project will also include the construction of a new Corporate Headquarters which will include a 50-person training facility that is large enough to accommodate trucks for hands-on learning opportunities.

MAP

Address: 2757 North Westmoreland Road, Dallas, TX 75212

Census Tract: 48113010500

Other Texas Projects

In September 2020, STA opened its corporate headquarters and state-of-the-art, in-house recovery center in Dallas.
Transformation of the 88-acre Camp Whispering Cedars into a STEM Center of Excellence, the first of its kind among Girl Scouts chapters.
A leading manufacturer of heating and cooling products used NMTC financing for its new facility expansion at the Longview, Texas manufacturing plant.
Interfaith Family Services, a nonprofit dedicated to empowering families in crisis to break the cycle of poverty, used NMTC financing for facilities improvements.