New Markets Tax Credit Coalition

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A.W. Golden Cadillac Rehab

Investment

  • NMTC Amount: $8,000,000
  • Total Project Cost: $8,082,078

IMPACT

  • 200 FTE jobs
  • 24 construction jobs
  • 45,288 sq. ft. of real estate

Investor

Project Description

NMTCs helped Shuman Development Group convert a 45,288 sq. ft. building into a mixed-use retail shopping center. The property had been vacant for several years. The building now houses a grocery store, a nail salon, a smoothie shop, a pharmacy, a restaurant, a beauty and barber school and a daycare center.

MAP

Address: 733 Lancaster Avenue, Reading, PA 19611

Census Tract: 42011002600

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