Armature Works

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.

Investor

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

Other Florida Projects

Leasehold improvements and equipping two grocery stores operated under the Publix Supermarkets brand.
Florida Community Loan Fund provided $17M in NMTC financing for Community Health Centers of Pinellas to build 2 new and renovate 2 existing health clinics.
NMTC financing supported the Lotus Village project, a 100,000 sq. ft. comprehensive homeless services facility.
NMTC financing for Care Resource Community Health Center to support a new facility.