CDE: Commonwealth Cornerstone Group

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

Project Profiles and Stories

Erie Center for Arts and Technology

Arts, FQHCs, Healthcare, Vocational Training

CDE(s): Commonwealth Cornerstone Group

NMTC helps bring new community hub offering job training, healthcare, social services and the arts to Erie, Pennsylvania.

Sharswood Ridge Mixed-Use (Mosaic Development Partners)

Philadelphia,
PA
(2020)

Community, Mixed-use

CDE(s): Capital One, Commonwealth Cornerstone Group, PIDC Community Capital

Sharswood Ridge Mixed-Use Project, which is located in a U.S. HUD CHOICE Neighborhood and an Opportunity Zone, will serve as an anchor on the Ridge Avenue commercial corridor in the

Lewistown-MSF

Lewistown,
PA
(2016)

FQHCs

CDE(s): Commonwealth Cornerstone Group, USBCDE

New healthcare facility helps address medical needs in Mifflin and Juniata counties

A.W. Golden Cadillac Rehab

Reading,
PA
(2020)

Community, Mixed-use

CDE(s): Commonwealth Cornerstone Group

NMTCs helped Shuman Development Group convert a 45,288 sq. ft. building into a mixed-use retail shopping center. The property had been vacant for several years. The building now houses a

Keppel Building

Lancaster,
PA
(2016)

Business Development, Historic Rehabilitation, Mixed-use, Mixed-use and Commercial, Office, Retail

CDE(s): Commonwealth Cornerstone Group

Rehabilitation and redevelopment of the Koppel Building creates 59k sq. ft. of mixed-use retail and residential space

201 Stanwix Street

Pittsburgh,
PA
(2011)

Adult Education, Affordable Housing, College or Vocational Training, Community, Housing, Mixed-use, Schools

CDE(s): CCG Community Partners, Commonwealth Cornerstone Group, Pittsburgh Urban Initiatives, PNC

NMTC financing for the rehab of a 78,000 sq. ft. building. The 1st floor of the building is leased to a charter school on the lower levels and approximately 158

Susquehanna Health Innovation Center

Williamsport,
PA
(2018)

Community, FQHCs, Healthcare

CDE(s): Commonwealth Cornerstone Group, Community Hospitality Healthcare Services, PNC

Thanks to NMTC financing, UPMC Susquehanna opened a new Neuroscience Center in Williamsport, expanding services and bringing advanced procedures to the region.

River Valley Regional YMCA

Williamsport,
PA
(2014)

Community, Community Center, Daycare and Early Childhood, FQHCs, Healthcare, Mixed-use, Nonprofit Hub, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): Commonwealth Cornerstone Group

The construction of a 62,000 square foot community center to replace their former, obsolete, and inefficient Williamsport YMCA facility housed in eight interconnected buildings in downtown Williamsport, PA.

Coal Street Community Facility

Wilkes-Barre,
PA
(2011)

Community, Daycare and Early Childhood, Healthcare, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): City First, Commonwealth Cornerstone Group

The Coal Street project transformed a dilapidated 30-acre park into a regional sports and medical complex.

Washington City Mission

Washington,
PA
(2017)

Adult Education, Affordable Housing, Behavioral Health, College or Vocational Training, Community, Community Kitchen, Food Bank or Pantry, FQHCs, Healthcare, HFFI, Homeless Services, Homeless Shelter, Housing, Mixed-use, Retail, Shelters and Community Food, Veterans Services, Vocational Training

CDE(s): Commonwealth Cornerstone Group, PNC

Improvements to four buildings and related site work to create a men's shelter, women's shelter, veteran's shelter and a vocational training center.

Primary Health Network – Sharon

Sharon,
PA
(2014)

Behavioral Health, Community, FQHCs, Healthcare

CDE(s): Chase, Commonwealth Cornerstone Group, The Reinvestment Fund

This project involved the completion of a new, $18 million transaction to help fund the expansion and consolidation of healthcare services provided by Primary Health Network (PHN) in Sharon.

Scranton Counseling Center

Scranton,
PA
(2020)

Behavioral Health, Community, FQHCs, Healthcare, Historic Rehabilitation

CDE(s): Commonwealth Cornerstone Group, PNC

The adaptive reuse of a historic cornerstone building at 329 Cherry Street in downtown Scranton.

Connell Building

Scranton,
PA
(2010)

Mixed-use, Office, Retail, Retail and Commercial

CDE(s): Commonwealth Cornerstone Group, Consortium America, USBCDE

The Connell Building, originally built in 1894, stood vacant for nearly a decade.

The Big Mill Project

Reading,
PA
(2014)

Mixed-use, Retail

CDE(s): Commonwealth Cornerstone Group, Community First Fund

The Big Mill project, a neighborhood retail, commercial and residential project.

Womens Center and Shelter

Pittsburgh,
PA
(2015)

Adult Education, Behavioral Health, College or Vocational Training, Community, Food Bank or Pantry, FQHCs, Healthcare, HFFI, Homeless Services, Shelters and Community Food

CDE(s): Commonwealth Cornerstone Group, Pittsburgh Urban Initiatives

Pittsburgh's Women's Center and Shelter's expansion to 48 beds from the existing 36, enhance living spaces, administrative areas and therapy resources, while enlarging the facility's children's areas and creating shelter

Piatt Place

Pittsburgh,
PA
(2014)

Hotels and Tourism, Office, Retail, Retail and Commercial

CDE(s): Commonwealth Cornerstone Group, Pittsburgh Urban Initiatives

Rehab of a 265,000 squarefoot vacant department store in downtown Pittsburgh.

East Liberty Transit Center

Pittsburgh,
PA
(2014)

Infrastructure, Retail, Transit Oriented Development, Transportation and Ports

CDE(s): Commonwealth Cornerstone Group, Pittsburgh Urban Initiatives, PNC

A multi-agency effort, which includes the City of Pittsburgh, Port Authority of Allegheny County and East Liberty Development Corporation, to assemble and redevelop six acres of blighted or obsolete commercial

East Liberty Portal

Pittsburgh,
PA
(2014)

Brownfield Remediation, Infrastructure, Retail, Transit Oriented Development, Transportation and Ports

CDE(s): Commonwealth Cornerstone Group, Pittsburgh Urban Initiatives, PNC

The revitalization of a major gateway into the East Liberty neighborhood, which has been undergoing a major transformation after years of blight.

Blind and Rehabilitation Services of Pittsburgh

Pittsburgh,
PA
(2014)

Adult Education, College or Vocational Training, Community, Disability Services, Vocational Training

CDE(s): Commonwealth Cornerstone Group, PNC

BVRS outgrew its previous space and renovated an 87,000 sq. ft. five-story building to suit the needs of the growing organization.

Bakery Square

Pittsburgh,
PA
(2009)

Business Development, Hotels and Tourism, Mixed-use, Retail

CDE(s): Commonwealth Cornerstone Group

The Bakery Square project is a critical catalyst in the revitalization of the East Liberty Section of Pittsburgh.

421 7th Avenue

Pittsburgh,
PA
(2009)

Community, Historic Rehabilitation, Mixed-use

CDE(s): Commonwealth Cornerstone Group

The 421 Seventh Avenue building is located on a prominent corner in the Pittsburgh Central Downtown Historic District, which is listed in the National Register of Historic Places of the

Stephen Klein Wellness Center

Philadelphia,
PA
(2014)

Behavioral Health, Community, Community Center, FQHCs, Healthcare

CDE(s): Commonwealth Cornerstone Group, Nonprofit Finance Fund

Financing to help Project H.O.M.E. relocate its clinic.

Ronald McDonald House of Philadelphia

Philadelphia,
PA
(2013)

Community, Daycare and Early Childhood, Healthcare, Ronald McDonald House, Youth and Families

CDE(s): Commonwealth Cornerstone Group, PNC, The Reinvestment Fund

A 93,000 sq. ft. expansion to Ronald McDonald's hiladelphia facilities, more than doubling the sq. footage of PRMH's existing 72,000 sq. ft. facility, for a total of more than 165,000

New Market West

Philadelphia,
PA
(2018)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, FQHCs, Healthcare, HFFI, Homeless Services, Housing, Mixed-use, Retail, Youth and Families

CDE(s): Cinnaire New Markets, Commonwealth Cornerstone Group, PIDC Community Capital, PNC

New Market West is a four story, LEED certified 135,700 sq. ft. commercial building that creates a hub for retail and community services near the 60th and Market Street El

Community Legal Services

Philadelphia,
PA
(2012)

Professional Services, Retail and Commercial

CDE(s): Commonwealth Cornerstone Group

Financing for the construction of a new three-story building totaling approximately 19,000 square feet.

Center for Health Literacy

Philadelphia,
PA
(2014)

Behavioral Health, Children's Hospital, Community, Daycare and Early Childhood, FQHCs, Healthcare, Library, Youth and Families, Youth Program

CDE(s): Chase, City First, Commonwealth Cornerstone Group, PIDC Community Capital

The Center for Health and Literacy is a cooperative project between the Children's Hospital of Philadelphia and the City of Philadelphia.

600 N Broad St

Philadelphia,
PA
(2010)

Mixed-use, Restaurants and Catering, Retail, Retail and Commercial

CDE(s): Commonwealth Cornerstone Group, PIDC Community Capital

The conversion of the former Wilkie Buick service center into a mixed-use residential and retail building.

Treasures Market

Lancaster,
PA
(2020)

Community, Food Bank or Pantry, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Commonwealth Cornerstone Group

Treasures Markets used NMTC financing to renovate a vacant commercial building at 515 N.

Bulova Building Rehab

Lancaster,
PA
(2017)

Historic Rehabilitation, Mixed-use, Office, Retail, Retail and Commercial

CDE(s): Commonwealth Cornerstone Group, Community First Fund

This project involved the rehab of the blighted Bulova building into mixed use facility.

Hamilton Health Center

Harrisburg,
PA
(2011)

Community, Dental Services, FQHCs, Healthcare, Historic Rehabilitation

CDE(s): City First, Commonwealth Cornerstone Group

The acquisition and adaptive re-use of a 67,000 sq. ft. unimproved warehouse.

Civil War Museum

Gettsyburg,
PA
(2012)

Arts, Community, Museums

CDE(s): Commonwealth Cornerstone Group

Renovation of the historic Schmucker Hall into a state of the art Civil War Museum.

Erie Center for Arts and Technology

Erie,
PA
(2020)

Arts, Community, Daycare and Early Childhood, FQHCs, Healthcare, Mixed-use, Nonprofit Hub, Schools, Youth and Families

CDE(s): Commonwealth Cornerstone Group

A $10.3M renovation of the 107-year-old former school.

Chester Charter School for the Arts

Chester,
PA
(2017)

Arts, 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.

SteelStacks

Bethlehem,
PA
(2010)

Arts, Brownfield Remediation, Community, Theaters and Performing Arts Spaces

CDE(s): Commonwealth Cornerstone Group, Nonprofit Finance Fund, USBCDE

Financing for a nonprofit organization dedicated to the celebration of arts and culture in the Lehigh Valley region, and the Lehigh Valley Public Telecommunications Corporation.