Atlantic Avenue Industrial Center

Brooklyn,
NY
(2013)

GMDC Atlantic Avenue Industrial Center

Business Development, Manufacturing

Greenpoint Manufacturing and Design Center renovated a 50,000 sq. ft. industrial building to create a manufacturing facility for several small-scale manufacturers.

Investment

NMTC Amount: $12,500,000
Total Project Cost: $14,142,393

IMPACT

50 FTE jobs
54 construction jobs
50,000 sq. ft. of real estate

CDEs

Bank of America, Enterprise Community Partners

Investor

Bank of America

Project Description

Greenpoint Manufacturing and Design Center (GMDC) renovated a 50,000 sq. ft. industrial building to create a manufacturing facility for several small-scale manufacturers. Located in Crown Heights Brooklyn just a few blocks from public transportation, the facility provides affordable space, for woodworkers, custom frame builders, metal workers, ceramic artists, and other artisanal trades. The renovated facility will achieve LEED Silver certification.

MAP

Address: 1102 Atlantic Avenue, Brooklyn, NY 11238

Census Tract: 36047030500

Other New York Projects

Julian H. Robertson CitySquash Center

Bronx,
NY
(2023)

Recreation

CDE(s): NYC Neighborhood Capital Corporation

CitySquash uses NMTC financing for the construction of a purpose-built 15,000 square foot headquarters.

Hudson River Healthcare Monticello

Monticello,
NY
(2010)

Community, FQHCs

CDE(s): Primary Care Development Corporation

With $2.85 million in financing from the Primary Care Development Corporation (PCDC), Hudson River HealthCare (HRHC) has acquired prime downtown Monticello property to expand primary care and dental services to

Lent Hill Ag-Grid

Cohocton,
NY
(2022)

CDE(s): Dudley Ventures

Lent Hill (LH) is the development and operation of a 2MW facility powered by local farmer’s food waste and silage. LH will process 43K gallons of local food waste per

Salt City Market Mixed-use

Syracuse,
NY
(2020)

Affordable Housing, Community, Grocery and Fresh Food, Housing, Mixed-use, Retail, Retail and Commercial, Workforce Housing

CDE(s): Chase, Rose Urban Green Fund

New 78,000 sq. ft. mixed-use development that transforms a vacant lot, located at the intersection of 3 impoverished neighborhoods, into a mixed-use, multicultural, community hub.