The Avenida – Warehouse 7 Lofts

Saint Louis,
MO
(2009)

The Avenida – Warehouse 7 Lofts

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

Financing of a historic 110,000 sq. ft. warehouse into mixed use apartments and retail.

Investment

NMTC Amount: $20,000,000
Total Project Cost: $26,000,000

IMPACT

160 FTE jobs
75 construction jobs
110,000 sq. ft. of real estate

CDEs

Waveland Community Development

Investor

Unknown

Project Description

In 2009, NMTC financing supported the historic renovation and repurposing of an abandoned, 110,000 sq. ft. warehouse into a mixed-use building with commercial and loft apartments.

Originally a shoe manufacturing warehouse, the building is now part of the revitalized Loft District, an area where abandoned, blighted, and environmentally contaminated structures were transformed into community facilities, commercial, and residential structures.

MAP

Address: 1227 Washington Avenue, Saint Louis, MO 63103

Census Tract: 29510125500

Other Missouri Projects

Evertrak

Saint Louis,
MO
(2019)

Business Development, Manufacturing, Plastics and Chemicals

CDE(s): St. Louis Development Corporation

St. Louis's economic development arm has committed $5M in federal NMTCs to assist a new manufacturer that makes railroad ties out of recycled plastic.

Emmanuel Family & Child Development Center

Kansas City,
MO
(2018)

Community, Daycare and Early Childhood, Youth and Families, Youth Program

CDE(s): AltCap, Central Bank of Kansas City

The construction of a new 28,300 sq. ft. early child education center for Emmanuel Family and Child Development Center adjacent to its prior location in Kansas City, MO.

Nuso

University City,
MO
(2020)

Professional Services, Retail and Commercial

CDE(s): Advantage Capital, Heartland Regional Investment Fund

Working capital to help a communications provider expand.

Deaconess Center for Child Well-Being

Saint Louis,
MO
(2017)

Community, Daycare and Early Childhood, Mixed-use, Nonprofit Hub, Youth and Families

CDE(s): Capital One, St. Louis Development Corporation

A new, 21,272-square-foot facility provides meeting rooms, a chapel, and a large conference space for up to 125 people, as well as administrative offices for the Deaconess Center for Child