Albers Mill

New Markets Tax Credit Coalition

Tacoma,
WA
(2004)

Albers Mill

Housing, Mixed-use

The Albers Mill project entailed the rehabilitation and expansion of a historic mill for residential and commercial use.

Investment

NMTC Amount: $10,247,850
Total Project Cost: $15,551,588

IMPACT

115 FTE jobs
175 construction jobs

CDEs

Local Initiatives Support Corporation

Investor

US Bank

Project Description

Situated on the waterfront in downtown Tacoma, the Albers Mill project entailed the rehabilitation and expansion of a historic mill for residential and commercial use.

MAP

Address: 1821 Dock Street, Tacoma, WA 98402

Census Tract: 53053060200

PDF Profile

Other Washington Projects

Compass Center

Seattle,
WA
(2005)

Addiction Treatment, Behavioral Health, Community, Healthcare, Nonprofit Hub

CDE(s): Grow America

Completed in mid-2005, the buildings provide transitional housing for 78 men for up to one year, 23 units of permanent low-income housing, space to prepare 500-1000 meals for the homeless,

Farwest Steel

Vancouver,
WA
(2011)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Bank of America, Brownfield Revitalization, CRFUSA, United Fund Advisors

Steel manufacturer expands capacity and creates critical manufacturing jobs.

Columbia Pulp

Starbuck,
WA
(2018)

Manufacturing, Timber and Agriculture

CDE(s): CEI Capital Management

The Second tranche of financing for the construction of new wheat straw to paper pulp manufacturing facility.

Ag Processing Grain Terminal

Aberdeen,
WA
(2011)

Business Development, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): CCG Community Partners, Clearinghouse CDFI, Craft3, TruFund

Ag Processing Inc. successfully completed the development of an integrated grain and oilseed storage and export facility at Terminal 2 of the Port of Grays Harbor in Aberdeen, WA.