New Markets Tax Credit Coalition

Search

Plummer Building Rehab

Renovating old buildings and keeping neighborhoods free of crime are just two ways to improve communities.

Investment

  • NMTC Amount: $2,800,000
  • Total Project Cost: $3,540,000

IMPACT

  • 58 FTE jobs
  • 107 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

Project Description

Renovating old buildings and keeping neighborhoods free of crime are just two ways to improve communities. With a $2.8 million New Markets Loan, 184 Main Street Associates LLC is helping to do both. The company will use the loan to refurbish the now vacant Plummer Building in downtown Worcester and then lease the converted space to the Central Massachusetts District Attorney’s Office, where more than 100 employees will work. The five-story building is adjacent to another building renovated by 184 Main Street Associates that now houses the Law Library for the Worcester Trial Court. Both buildings sit directly across from the new Regional Justice Center on North Main Street. The entire development marks a significant reinvestment in Worcester’s Thule-Plummer Historical District

MAP

Address: 180 Main Street, Worcester, MA 1608

Census Tract: 25027731700

PDF Profile

Other Massachusetts Projects

Due to the lack of further expansion options at the existing store, Vicente's opened a second 33,416 sq. ft. store in downtown Brockton at 160 Pleasant Street in a very
Apex Resource Technologies received an infusion of $5 million, giving the company the working capital needed to expand its business and workforce.
NMTC financing for Community Action, Inc, a nonprofit that provides resources and opportunities for individuals, families and communities to overcome poverty.
The $12 million overhaul of a historic site that has called North Street home for over a hundred years for a YMCA.