Gateway Towne Center

Gateway Towne Center is a retail shopping center located in a severely distressed area of Compton, CA with a high unemployment rate. The center provides the surrounding community with quality national retailers that are otherwise too distant. Clearinghouse CDFI provided $21.4 million of New Markets Tax Credit allocation to bring a vital retail center to […]

Union Crossing

Union Crossing is a transformative multi-phase project, initiated in 2007 by the sponsor to redevelop a complex of 19th-century textile mills along the Merrimack River into a thriving mixed-use neighborhood. Throughout the nation, developers are embracing greener building methods to promote improved health, lower operating costs and greater resident retention. With BlueHub Capital’s help, affordable […]

Vallsburg Child Development

Unified Vailsburg Service Organization (UVSO) recently selected Michael Shilale Architects, LLP (MSA) to design their new preschool. It was important to UVSO that this building be designed with the needs of three and four year old children in mind. MSA was the perfect choice. This project is partly the result of a landmark court decision […]

Court Square Center

Court Square Center involved the renovation of two historically-significant buildings and the construction of the green, LEED gold certified “Court Annex 2” building to create an urban center that offers 74 live/work units, 40,500 sq. ft. of commercial space and 44 on-site parking spaces. The project has served to reduce blight, spur local investment and […]

Court and Walnut (Kroger)

This project brings a healthy foods grocery to the Central Business Distract and Over-the-Rhine (OTR) neighborhoods of Cincinnati. With the only grocery store in OTR closing, this will keep a grocery in the area to provide residents with affordable healthy foods and daily necessities without the need for automobile transportation. The location is within walking […]

Lexington Market

The project calls for salvaging and adaptively reusing the existing East Market Building, reopening Lexington Street for pedestrians, and building a new 63,000 sq. ft. market building on the south parking lot that is a modern interpretation of one of the original 1900s market sheds. The new design will include approximately 40-50 market merchants, many […]

Ellicott Commons/Oak Street School

MIXED USE OFFICE RETAIL RESIDENTIAL project. Ellicott Commons and Oak Street School are located on nearby sites in downtown Buffalo, New York. Ellicott Commons is composed of several adjacent structures in a Main Street setting. One of the structures was preexisting and the others were new construction with historic design elements to blend in with […]

Merchantile Block

Completed in 2010, the Mercantile Block in Providence, RI is the third of arts organization AS220’s development projects in Providence’s Downcity Arts District. The Mercantile Block consists of market-rate, first-floor commercial space that supports affordable artist studios and nonprofit office space upstairs, providing space for nonprofit tenants such as College Visions and the Rhode Island […]

Cermak Grocery Store

Cermak is a Chicago-based supermarket chain that specializes in providing unique grocery stores in urban neighborhoods that offer to a variety of ethnic and localized foods. This new construction project was combined with the construction of new apartments as well. The project consisted of the initial phase of the redevelopment of a vacant 7.2 acre […]

Freshwater Plaza

The project consisted of the initial phase of the redevelopment of a vacant 7.2 acre Brownfield Site at Greenfield Avenue and S. 1st Street in Milwaukee, WI. The initial $28.4MM project consists of the environmental remediation of the site and vertical construction of two buildings. The first building is an $11.2 million, 42,000sf Cermak Fresh […]

Quincy Street Brickyard

Former Permitite adhesives manufacturing facility converted into a adaptive mixed use in NE Arts District. North East Minneapolis Arts District is unique, centrally located, lauded by the city as being a cultural center, and is consistently sought out by visitors (and residents) as a great area to go and hang out. It’s the Number One […]

Robert Wood Johnson Fitness and Wellness Center

Robert Wood Johnson Fitness and Wellness Center + 49,000 sq. ft. supermarket, 62,000 sq. ft. fitness center, and 474,000 sq. ft. parking garage – Fresh food supermarket, wellness center, and parking garage -The New Brunswick Development Corporation and Pennrose Properties transformed an underutilized downtown New Brunswick site into a major transit-oriented, mixed-use facility focused on […]

Rehab of the Fuller Paint Building

Rehab of the Fuller Paint Building into a new headquarters for Big-D Construction Corp: The minute you set foot in Big-D’s new corporate headquarters, you’ll realize that the glass truly is greener on the other side. But the stairway isn’t the only thing that is green in this office. With more natural light and better […]

The Mill Redevelopment

The Mill Redevelopment, located in rural Starkville, Mississippi (population 23,888), is the adaptive reuse of a historic, 111-year old shuttered cotton mill and new construction on a site that has been virtually inactive since 1962. The mixed-use redevelopment has strong support from Mississippi State University and will include a conference center and offices, and the […]

201 Stanwix Street

The City High Charter School currently serves approximately 560 9th through 12th grade students of which 65% are low income as measured by the federal free/reduced lunch program and 14% receive special education services. The Verizon Building Project allowed City High Charter School to expand its physical facilities, improve upon its educational capabilities, and admit […]

David L. Podell House – Educational Alliance of NY

Located in the same building since its founding in 1889, The Educational Alliance, a nonprofit serving families and children in the Lower East Side of Manhattan in New York City, was in desperate need of renovation and updating. MBS Urban Initiatives CDE made a $7.3 million qualified low-income community investment in the Educational Alliance that […]

MacArthur Park Transit-Oriented Development

To begin to address this need in Los Angeles, McCormack Baron Salazar formed a complex public-private-community partnership to connect affordable housing to jobs and opportunities for working families, and provide a safe, livable, walkable community with services and retail for residents and riders. The result of this partnership is the MacArthur Park Transit-Oriented Development (TOD). […]

Hub City Lofts

Isis Development, LLC is rehabilitated four historic buildings into a market-rate apartment community consisting of 55 rental apartment units, 12,906 square feet of ground floor commercial space, and 43 adjacent parking spaces. The two sets of historic buildings are located approximately 220 feet apart on East Front Street, in the heart of downtown Hattiesburg. The […]

Rehab of Roebling Mansion

New markets tax credits were also a significant source of funding in the restoration of the Ferdinand W. Roebling mansion. The Roebling family, known for developing wire-rope cable and designing the Brooklyn Bridge, built several mansions along West State Street during the late 19th and early 20th centuries. Located in Trenton’s State House historic district, […]

IHOP

Most lenders shy away from start up businesses and restaurant start ups are even more risky. But City First Bank of DC specializes in lending to small companies, many needing to borrow less than $1 million. One of the projects it financed using the proceeds of capital raised through the New Markets Tax Credit (NMTC) […]