Bok

Philadelphia, PA (2018)

Historic Rehabilitation, Makerspace, Nonprofit Hub

District:

Adaptive reuse of a 218,000 sq. ft. former technical school into a small business hub focusing on local makers and artisans, who utilize the technology and infrastructure of the technical school for their workshops.

Investment

NMTC Amount: $9,760,000
Total Project Cost: $19,457,101

IMPACT

510 FTE jobs
6 construction jobs
218,000 sq. ft. of real estate

CDEs

PIDC Community Capital, The Reinvestment Fund

Investor

Unknown

Project Description

Adaptive reuse of a 218,000 sq. ft. former technical school into a small business hub focusing on local makers and artisans, who utilize the technology and infrastructure of the technical school for their workshops. Over 200 tenants currently occupy the building, of which approximately 25% live in the project’s zip code. Space is also used for private and community events.