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

Pawsperity Center

Kansas City,
MO
(2023)

Vocational Training

CDE(s): Central Bank of Kansas City

Pawsperity Center expands its pet grooming training school and salon providing opportunities for low-income womennity in Kansas City, MO.

Norwood Real Estate Company

Norwood,
MO
(2019)

Business Development, Manufacturing, Rural

CDE(s): Business Valued Advisor Fund

The NMTC financed the acquisition and development of a new warehouse for Norwood Real Estate, an operating company for manufacturing detainment houses and complexes for jails and prison systems, as

Kansas City PBS

Kansas City,
KS
(2022)

Community

CDE(s): Enterprise Financial CDE

Financing supporting building renovations, equipment upgrades and expansion of educational and civic content for Kansas City PBS.

Mosaic Life Care

St. Joseph,
MO
(2015)

Historic Rehabilitation, Mixed-use

CDE(s): Central Bank of Kansas City

The historic renovation of the German American Building into an office building for Mosaic Life Care along with 2,000 sq. ft. café operated by a local business.