The Avenida – Warehouse 7 Lofts

New Markets Tax Credit Coalition

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

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