Robert Fresh Market has successfully rehabilitated a vacant 21,000 square foot building into a new full-service grocery store. The building formerly housed a successful community grocery store which was severely damaged during Hurricane Katrina and never reopened. The Harrison Fresh Market provides a critical service to the Lakeview neighborhood while contributing to the ongoing recovery of New Orleans from the effects of Hurricane Katrina. In addition, the restoration of this blighted building greatly improved a vital area within the Lakeview neighborhood retail hub. Currently, there are three grocery stores in the New Orleans area under the Robert Fresh Market moniker with approximately 250 employees.
Town & Country Foods, Inc. (T&C), owned by the Perlinski family, has been in the business of providing low-cost groceries in Bozeman, Montana for four decades. T&C began its warehouse style of grocery store in an old tea cannery building in Bozeman’s industrial neighborhood. Through the years, T&C has become a fixture in the Bozeman community, offering affordable, local, and organic groceries. In 2009, the Perlinski’s considered opening a second store in Bozeman’s underserved, low-income, Southside neighborhood that did not have a local grocery. To help T&C open its second location and reach an underserved community, Montana CDC, working with Big Sky Western Bank, provided $8 million in NMTC financing for the purchase and renovation of a vacant movie theater. The newly renovated T&C houses the grocery store, which provides the Southside community access to local and organic groceries, and also includes additional retail and restaurant space in an area of town with few commercial services. The NMTC investment generated over 60 permanent full-time jobs, 10 part-time jobs and 100 construction jobs, all in an area with an unemployment rate well above the national average. T&C has a stellar track record of employee loyalty and these high quality jobs feature excellent benefits, including employee ownership options. T & C has created a catalytic effect on Bozeman’s Southside neighborhood. New infrastructure improvements such as a new traffic light, new bike lanes, and improved sidewalks and streetscapes provide an anchor for future commercial services and encourage foot traffic. The neighborhood has also become more resident friendly, witha grocery store where people need it, and making the area more amenable for further development. Since T&C moved into the neighborhood, the area has been designated a residential emphasis mixed-used zoning area (REMU) which will encourage more services and development of the area. In fact, two previously vacant lots have recently been identified for development into mixed use housing and commercial spaces.
The NMTC allocation enabled a timberland investment and management company focused on natural and sustainable logging to invest in the project.
The Innovation Center & dig are owned and operated by the Buffalo Niagara Medical Campus, Inc. (BNMC). The BNMC is a self-sustaining social enterprise successfully combining innovation, job creation, and urban revitalization. It serves as the umbrella organization of the anchor institutions that make up the Buffalo Niagara Medical Campus located within the 120-acre campus bordering Allentown, the Fruit Belt and Downtown.
Commercial cultural and educational anchor – includes Bedford Stuyvesant Family Health Center, Inc.
Morris Heights Health Center (MHHC), the major provider of health care to Morris Heights and the surrounding areas of Bronx, NY, purchased expansion property across the street from its main facility in 2004. The non-profit organization sought to increase capacity, provide new healthcare services in the local community, and address the issue of inadequate housing for the area’s elderly population. The new facility, Harrison Circle, will include 30,000 square feet of new medical office space and a 9,000 square foot pharmacy, as well as 70 units of low-income housing for seniors and additional parking space. The facility will include orthopedic, behavioral health and diagnostic imaging services not previously offered by MHHC, to an estimated 30,000 additional Bronx residents annually. The developer is incorporating sustainable design elements in the medical office portion of the building, targeting a LEED Silver certification from the U.S. Green Building Council. MHHC will also partner with the local community in efforts to create a Business Improvement District in the immediate area, and participate in future municipal planning efforts. MHHC has served the Morris Heights community with distinction since 1981-Harrison Circle will offer more comprehensive care, allowing the surrounding community to remain within the MHHC system for their primary and specialty care needs.
In December of 2016, the Brattleboro Commonwealth Dairy plant announced another facility expansion project. The $20 million expansion is supported by more than $2 million in state and local funding and incentives. Commonwealth is pledging to create 50 more high paying jobs in Vermont and to significantly expand its manufacturing operations. This expansion includes over $600,000 from the Vermont Employment Growth Incentive (VEGI), $200,000 from the Vermont Training Program (VTP) and $1 million from the Windham County Economic Development Program (WCEDP) distributed over three years to support job creation.
Competing in the world market for talent, technology, capital and jobs, the Upstate’s economic transition hinges on the ability to bridge its deep roots in manufacturing with an entrepreneurial environment that can generate new ideas, technologies, products and processes. Formed by the Greenville Chamber of Commerce in 2006, the NEXT Initiative is an economic development program dedicated to transforming the area’s economy by attracting and promoting the growth of start-up knowledge-based businesses. Starting with 5 member companies, the NEXT Initiative has grown into a thriving 64-company technology team. The Initiative’s home base is the 60,000-square-foot NEXT Innovation Center. The inspiration for the project was discovered during an inter-community visit to Dublin, the digital hub of Ireland. During the trip the team recognized that the most basic requirement for high growth entrepreneurial companies is quality office and research space in an atmosphere conducive to recruitment and collaboration. Upon return the City connected the NEXT entrepreneurs to the project developer to renovate an existing dilapidated building with office suites up to 15,000 square feet in size, single rental cubes, single rental enclosed offices, conference rooms and collaboration rooms.
The DCSNO Carrollton project is an expansion of an existing community healthcare center. The expansion is a 2-story steel frame, brick veneer building. After completion, the existing and new building were adjoined for a total “under-roof” square footage of approximately 33,600 square feet. The first floor of the combined buildings houses primary outpatient medical services, a pharmacy and behavioral health counseling services. The second floor accommodates outpatient clinics for dental and optometry services. The second floor is also the primary location for the corporate/executive support staff for all of the organization’s facilities. Future growth, including the addition of a wellness center, will be available on the second floor. The DCSNO Carrollton project is an expansion of an existing community healthcare center. The expansion is a 2-story steel frame, brick veneer building. After completion, the existing and new building were adjoined for a total “under-roof” square footage of approximately 33,600 square feet. The first floor of the combined buildings houses primary outpatient medical services, a pharmacy and behavioral health counseling services. The second floor accommodates outpatient clinics for dental and optometry services. The second floor is also the primary location for the corporate/executive support staff for all of the organization’s facilities. Future growth, including the addition of a wellness center, will be available on the second floor. The DCSNO St. Cecilia project included the rehabilitation of an historic school building in the Bywater Historic District in the City’s Ninth Ward. It is on the current campus of the deconsecrated St. Cecilia Catholic Church. It is a 2-story masonry building of both wood and steel framing with approximately 21,400 square feet. The interior of the building houses primary outpatient medical services, dental services, a pharmacy, and behavioral health counseling services. The second floor is the primary location for staff offices and training rooms and includes space for future growth.
In 2009, MHIC provided $19.9 million in New Markets Tax Credit financing for construction of a new, seven story, in-patient medical facility with 126 beds for the Baystate Medical Center (BMC). The largest of the hospitals in the Baystate Health System, BMC is an academic teaching hospital that serves as the western campus of Tufts University School of Medicine. The new, state-of-the-art medical facility, which will feature the latest advances in health care and sustainable construction, will enable BMC to significantly expand and update medical services available in western Massachusetts. It is expected to create 550 permanent full time jobs, increase local economic activity, and help stabilize the neighborhood. BMC is located in South Springfield, one of the most economically disadvantaged communities in the Commonwealth. MHIC was one of six Community Development Entities that together are providing $107 million in New Markets Tax Credit financing. The $246 million project is also utilizing tax exempt bond financing. This NMTC project is the construction of a new 126 bed hospital buidling that is 7 stories and 638,993 sg ft. It is adjacent to BMC’s other facilities.