Food Bank of the Rockies - Green Valley Ranch in Aurora, CO

Aurora,
Colorado
(2024)

Food Bank of the Rockies – Green Valley Ranch in Aurora, CO

Shelters and Community Food

Investment

NMTC Amount: $55,500,000
Total Project Cost: $77,004,652

IMPACT

179 FTE jobs
128 construction jobs
27 jobs created and 152 jobs retained. New refrigeration space will increase by 318% allowing for greater distribution of fresh produce, and increased support to growing number of partners. By 2028, the food bank anticipates an annual distribution of 96.1
109,000 sq. ft. of real estate

CDEs

Capital One Community Renewal Fund, Colorado Enterprise Fund, Colorado Growth and Revitalization Fund, National Impact Fund, Rural Development Partners

Investor

Capital One

Project Description

NMTCs helped finance the construction of a new facility in Aurora, CO. The new distribution center will increase capacity of food storage and production by 109,000 SF to better support program expansion to rural communities. Pantry sites will be established at 20 additional schools in underserved rural areas, with the potential to engage over 100+ new rural partners by 2028. NMTCs were a key funding source addressing critical needs of the region, particularly in light of rising inflation. Without NMTC financing, the expansion would be significantly delayed or scaled back limiting the ability to address food insecurity. In addition to creating jobs, the new facility will enable increased farmer sourcing and quadruple the capacity for volunteer operations pivotal to the Food Bank’s mission.

MAP

Address: 20600 East 38th Avenue, Aurora, Colorado 80011

Advanced Metal Technologies

Jeffersonville,
IN
(2008)

Auto Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): CRFUSA

Advanced Metal Technologies, a member of the Whitesell Group which manufactures complex metal and plastic parts for the automotive and industrial markets renovated and equiped the 310,000 sq. ft. former

Steeple Square

Dubuque,
IA
(2020)

Business Development, Community, Daycare and Early Childhood, Historic Rehabilitation, Manufacturing, Youth and Families

CDE(s): Dudley Ventures

Steeple Square is the development of community and training campus and day care that will serve as a collaborative multi-tenant center, rehabilitating the former iconic St.

RIDC Mill 19A – Hazelwood Green

Pittsburgh,
PA
(2017)

Affordable Housing, Business Development, Community, Housing, Incubator, Makerspace, Manufacturing, Mixed-use

CDE(s): Pittsburgh Urban Initiatives, PNC, Telesis CDE Corporation

New construction of mixed-use building offering flex office, R&D and high-bay light-industrial maker space. Phase 1 included 95,000 sq. ft. of flex-office space with Carnegie Mellon University as an anchor

Chester Charter School for the Arts

Chester,
PA
(2017)

Community, Schools

CDE(s): Commonwealth Cornerstone Group

Chester Charter School for the Arts previously operated out of a modified warehouse building and had students enrolled from kindergarten to 10th grade.