Fraunhofer Center

New Markets Tax Credit Coalition

Boston,
MA
(2011)

Fraunhofer Center

Historic Rehabilitation, Science and Tech

This project involved the adaptive reuse and rehabilitation of a historic building in Boston’s new, dynamic Innovations District.

Investment

NMTC Amount: $21,316,500
Total Project Cost: $21,316,500

IMPACT

60 FTE jobs
172 construction jobs

CDEs

MassDevelopment, MHIC

Investor

US Bank

Project Description

Boston’s Innovations District is home to technology and research firms that are creating jobs and generating economic activity. This project involved the adaptive reuse and rehabilitation of a historic building in Boston’s new, dynamic Innovations District, located within the Fort Point Channel neighborhood and adjacent to the Seaport district.

MAP

Address: 5 Channel Center Street, Boston, MA 2210

Census Tract: 25025061200

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