New Markets Tax Credit Coalition

Ottawa YMCA Healthy Living Campus

Finances the construction of a new 65,000 sq. ft. YMCA on a three-acre parcel. The new facility includes a Healthy-Living Campus featuring a competition pool, space for group classes and a community kitchen, children’s adventure center, and more.

Investment

  • NMTC Amount: $20,000,000
  • Total Project Cost: $20,000,000

IMPACT

  • 53 FTE jobs
  • 100 construction jobs
  • 5,803 patients served
  • 65,000 sq. ft. of real estate

Investor

Project Description

Finances the construction of a new 65,000 sq. ft. YMCA on a three-acre parcel. The new facility will create a Healthy-Living Campus featuring a competition pool, space for group classes and a community kitchen, children’s adventure center, elevated indoor track, multi-use gymnasium, and more. OSF HealthCare is embedding a 7,500 sq. ft. healthcare facility in the building focused on physical, speech and occupational therapies -a collaboration that will further improve community health and wellbeing. The YMCA is a community hub and is important to  low-income persons and the surrounding rural community. .

MAP

Address: 411 Canal Street, Ottawa, IL 61350

Census Tract: 17099962700

Other Illinois Projects

PBT Acquisition, LLC (“PBT”) is a joint venture between Kataman Metals and Environmental Operations, Inc., created for the acquisition and remediation of approximately 271 acres of land in St. Clair

SMS

SMS is a non-ferrous scrap metal processing facility that processes approximately 1900 tons of scrap metal per year. This project provided the funds needed for SMS to purchase a LINDER

Enhanced Capital proudly partnered with Fox Valley Developers, LLC to help finance the $118 million redevelopment of the Copley Hospital campus in Aurora, IL. The property, abandoned in 1995, is

A specialized equipment manufacturer grew its footprint and added jobs in Effingham, IL