Fraunhofer Center

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

Investor

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

Other Massachusetts Projects

The project developer, Jubilee Christian Church International, is the largest black church in Boston.
Construction of a 28,000 sq. ft. community/recreational center in the Mission Park neighborhood of Boston.
UTEC creates several new businesses to create new jobs and contribute to community revitalization in Lowell, Massachusetts.
The expansion of an existing Federally Qualified Health Care facility located in Dorchester, MA known as Dorchester House Multi-Service Center.