New Markets Tax Credit Coalition

EagleKnit

Rehabilitation of historic building into a 107,500 sq. ft. mixed-use innovation hub.

Investment

  • NMTC Amount: $14,790,000
  • Total Project Cost: $31,856,960

IMPACT

  • 500 FTE jobs
  • 184 construction jobs
  • 107,500 sq. ft. of real estate

Investor

Project Description

NMTC financing supported the rehabilitation of a historic building into a 107,500 sq. ft. mixed-use innovation hub. The project includes the construction of a new 30,000 sq. ft. modern addition to the existing building.

MAP

Address: 507 South Second Street, Milwaukee, WI 53204

Census Tract: 55079186500

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Cinnaire provided a $7.2M NMTC allocation to support the expansion and rehabilitation of the Marshfield Area YMCA.