Armature Works

Tampa,
FL
(2017)

Armature Works

Business Development, Incubator, Mixed-use

The Armature Works building was originally built in 1910 as a streetcar maintenance facility.

Investment

NMTC Amount: $19,000,000
Total Project Cost: $20,528,027

IMPACT

438 FTE jobs
165 construction jobs
Partnerships with local nonprofits will also provide on-site job training, employment counseling and culinary expertise.

CDEs

Florida Community Loan Fund

Investor

US Bank

Project Description

The Armature Works building was originally built in 1910 as a streetcar maintenance facility. With NMTC financing, the facility was renovated, and now includes local market and food vendors downstairs, and a small business incubator and co-working space upstairs. The overall building includes 76,500 sq feet and has created or retained an estimate 900 jobs. The area is a USDA Food Desert, and in addition to offering local, fresh foods, it encourages small businesses and has stimulated economic development in the surrounding area.

MAP

Address: 1910 North Ola, Tampa, FL 33602

Census Tract: 12057004200

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