Bicycle Collective Hub, Inc.

Investment

  • NMTC Amount: $6,000,000
  • Total Project Cost: $6,269,284

IMPACT

  • 12 FTE jobs
  • 20 construction jobs
  • 5.5 jobs created and 6.5 jobs retained.
  • 16,090 sq. ft. of real estate

CDEs

Investor

Project Description

The project involves the construction of a new 16,090 sq. ft. facility in Salt Lake City, Utah. The project will allow the Bicycle Collaborative, a nonprofit providing bicycles and educational programs focusing on children, to significantly expand its services to low-income households in the Salt Lake City area. The project is located at 325 W. 900 S in a low-income area in Salt Lake City.

MAP

Address: 325 W 900 S, Salt Lake City, UT 84101

Census Tract: 49035102900

Other Utah Projects

New construction of a multi-use building that provides four Head Start classrooms, two Early Head Start classrooms, three medical exam roos, one dental exam room, and more.
Funds for equipment purchase, working capital, and ground up construction of an adjacent facility for a manufacturer.
Working capital for recursion Pharmaceuticals, which provides data driven drug discovery aiming to repurpose existing drugs to cure rare genetic diseases.
Artspace Commons North is a green, mixed-use artist community in downtown Salt Lake City, Utah.