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

Achievement Academy

Albany,
NY
(2006)

Community, Schools

CDE(s): Local Initiatives Support Corporation

The ground-up construction of a 32,000 sq. ft. school building on approximately two acres of land to house Achievement Academy, a charter school serving Albany, NY.

CHN East New York Health Clinic

Brooklyn,
NY
(2019)

Community, FQHCs

CDE(s): NYC Neighborhood Capital Corporation

$10.5 million new construction of a 9,500 sq. ft. Federally Qualified Health Clinic in East New York, Brooklyn.

Livingston Buildings Rehab Phase 1

Poughkeepsie,
NY
(2009)

Historic Rehabilitation, Mixed-use, Retail

CDE(s): Key Bank

Phase 1 of the Livingston Buildings historic rehabilitation created a mixed-use structure.

The Center for Nursing and Rehabilitation

Hoosick Falls,
NY
(2017)

Community, Healthcare

CDE(s): Mascoma Community Development

The purchase and improvement of real estate that is leased to a hospital as a medical office building, bringing accessible health care to a rural community. Financing was provided by