New Markets Tax Credit Coalition

  • Boston,
  • MA
  • (2011)

Fraunhofer Center

District: Stephen Lynch (D-MA08)

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

,

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.

External Profile

MAP

Address: 5 Channel Center Street, Boston, MA 2210

Census Tract: 25025061200

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