Kroger

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

Investor

Grocery Store Produce Aisle

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.

MAP

Address: 15675 Wahrman Road, Romulus, MI 48174

Census Tract: 39049001700

Other Michigan Projects

Chase helped Peckham Vocational Industries create job opportunities and spur economic growth in Lansing, Mich.
A new health center creates and retains high-quality jobs and gives band members access to state-of-the-art medical and dental care while also attracting patients and customers from surrounding communities.
Renovation and expansion of domestic violence center.
Hamtramck Recycling transformed a vacant building into a new, state-of-the-art, 32,000 sq. ft. recycling and transfer center.