Quincy Street Brickyard

Former Permitite adhesives manufacturing facility converted into a adaptive mixed-use in NE Arts District..

Investment

  • NMTC Amount: $1,250,000
  • Total Project Cost: $1,870,000

IMPACT

  • 57 FTE jobs
  • 30 construction jobs

Investor

Project Description

Former Permitite adhesives manufacturing facility converted into a adaptive mixed-use in NE Arts District.

North East Minneapolis Arts District is unique, centrally located, lauded by the city as being a cultural center, and is consistently sought out by visitors (and residents) as a great area to go and hang out. It’s the Number One Arts District in the United States.

The area has been developed with artists’ studios, breweries, retail and other commercial enterprises. Collage Architects in tune with Optimistic Partners are becoming part of this community by developing an urban detonator that includes a business incubator, two restaurants, a whiskey-cigar lounge and the new headquarters for Collage Architects. Thi were located right in the heart of North East. It will start operations in the Fall of 2017.

MAP

Address: 712 15TH Avenue Northeast, Minneapolis, MN 55413

Census Tract: 27053102500

Other Minnesota Projects

The acquisition of land and new construction of a 200,000 sq. ft. manufacturing and warehouse facility
A new 65,900 sq. ft. facility will be constructed at the 1.79 acre site, featuring 28 classrooms, 3 flex rooms, 13 pullout spaces for small group learning, music, art, media
NMTC financing supported the new Midway YMCA building.
New Markets Tax Credit financing for equipment toward the expansion of a cheese and whey processing facility in Perham, Minnesota.