New Markets Tax Credit Coalition

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Alphapointe

A major investment project is driving industrial growth and employment in Kansas City, MO

Investment

  • NMTC Amount: $8,000,000
  • Total Project Cost: $8,055,422

IMPACT

  • 183 FTE jobs
  • 17 construction jobs
  • 32 jobs created and 151 jobs retained
  • 2,115 sq. ft. of real estate

Project Description

Financing to expand and renovate manufacturing facilities which employ individuals with vision impairment and other barriers to employment

MAP

Address: 7501 Prospect Avenue/7321 Prospect Avenue, Kansas City, MO 64132

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The former St. Luke's Hospital, fully closed to the public in 2014, was renovated into a mixed-use development that provides 5,170 sq. ft. of retail space and 109,368 sq. ft.
The adaptive-reuse of two historical buildings that were renovated into a tech-powered business incubation center and a Marriott Courtyard hotel in Cape Girardeau, MO.