4220 Duncan

4220 Duncan, a 180,000 sq. ft. mixed-use development in St. Louis.

Investment

  • NMTC Amount: $17,700,000
  • Total Project Cost: $58,175,229

IMPACT

  • 500 FTE jobs
  • 84 construction jobs
  • 180,000 sq. ft. of real estate

Investor

Project Description

4220 Duncan, a 180,000 sq. ft. mixed-use development in St. Louis, MO, bringing 300 new jobs and innovation to the former Custom Steel processing plant site. This $53 million LEED certified building project and adjacent garage is part of the Cortex Innovation Community, mid-America’s premiere innovation hub for tech and bioscience research, development and commercialization. In addition to meeting rooms, a cafe and open collaboration areas, the center features a ‘Maker Space’ for building with 3-D printers and a ‘Garage’ for developing new software.

MAP

Address: 4220 Duncan, Saint Louis, MO 63110

Census Tract: 29510118600

Other Missouri Projects

NMTC financing supported an office equipment supplier in Springfield, Missouri.
Construction of a 200,000 sq. ft. warehouse/distribution center.
Established in 1929, INDEECO designs and manufactures a complete line of heating equipment, including space heaters, industrial component heaters and electronic controls for commercial, industrial and marine markets located domestically
City First New Markets Fund II closed its first NMTC transaction of 2016 on February 4th.