Cobbs Creek Commons

Philadelphia,
PA
(2020)

Cobbs Creek Commons

Community, Mixed-use

Acquisition and renovation of a 33,938 sq. ft. building by an providing below-market leases to three small tenants in a low-income community.

Investment

NMTC Amount: $1,730,000
Total Project Cost: $1,959,599

IMPACT

20 FTE jobs
1 construction jobs
33,938 sq. ft. of real estate

CDEs

PIDC Community Capital

Investor

Unknown

Project Description

Acquisition and renovation of a 33,938 sq. ft. building by a small local developer providing below-market leases to three small tenants in a low-income community. Tenants are an electrical supply company, a commercial cleaning company, and a church.

MAP

Address: 112 North 63rd Street, Philadelphia, PA 19139

Census Tract: 42101009600

Other Pennsylvania Projects

West Philadelphia Institute

Philadelphia,
PA
(2019)

Adult Education, College or Vocational Training, Community, Healthcare, Historic Rehabilitation, Library, Retail, Vocational Training

CDE(s): PIDC Community Capital

This project involved the historic renovation of a 3-story, sq. ft. commercial office building.

7800 Susquehanna Street

Pittsburgh,
PA
(2015)

Manufacturing, Retail, Retail and Commercial

CDE(s): Pittsburgh Urban Initiatives, PNC

The renovation of an existing five-story 135,800 square foot industrial building located in the Homewood neighborhood of Pittsburgh for the purpose accommodating creative start-up and nascent entrepreneurial business activity.

Wood Street Commons

Pittsburgh,
PA
(2014)

Historic Rehabilitation

CDE(s): Pittsburgh Urban Initiatives

Wood Street Commons is a 16 floor building, with floors 1-6 designated for commercial office space and floors 7-16 providing housing for single men.

Treasures Market

Lancaster,
PA
(2020)

Community, Grocery and Fresh Food, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Commonwealth Cornerstone Group

Treasures Markets used NMTC financing to renovate a vacant commercial building at 515 N.