New Markets Tax Credit Coalition

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  • Romulus,
  • MI
  • (2020)

Kroger

District: Shri Thanedar (D-MI13)

This project was for a real estate loan for the grocery store.

Investment

  • NMTC Amount: $4,750,000
  • Total Project Cost: $50,288,675

IMPACT

  • 250 FTE jobs
  • 275 construction jobs
  • Hiring from disadvantaged populations with job training provided.
  • 135,200 sq. ft. of real estate

CDEs

Investor

Project Description

This project was for a real estate loan for the grocery store. Kroger is a major community employer and is the largest super market in the United States. Finances a135,200 sq. ft., state-of-the-art online grocery fulfillment center that will be one of the first U.S. facilities devoted to direct-to-consumer grocery delivery, serving as Kroger’s hub for online delivery in Michigan.

External Profile

MAP

Address: 15675 Wahrman Road, Romulus, MI 48174

Census Tract: 39049001700

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