Cade Museum for Creativity and Invention

The Cade Museum, which formerly operated from a small building near downtown Gainesville, has built a new facility using NMTC financing.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $11,668,614

IMPACT

  • 100 FTE jobs
  • 300 construction jobs

Investor

Voices from the Community

Without the NMTC program, we would not have been able to complete the last mile of funding for building the Cade Museum for Creativity and Invention. The investment not only resulted in an award winning architectural masterpiece, it also resulted in a complete transformation of a blighted, dangerous and heavily contaminated parcel of land into Gainesville’s crown jewel. A forgotten crossroads is now one of the most popular and beautiful destinations in Gainesville.

-Richard Miles, Co-founder, Cade Museum for Creativity and Invention, Gainesville, Florida

Project Description

The Cade Museum, which formerly operated from a small building near downtown Gainesville, has built a new facility using NMTC financing. The new Cade Museum is the anchor in the redevelopment of local Depot Park, and through a 21,000 sq-ft building provides services annually to 6,000+, with a focus on area low-income youth through targeted education programs and mentoring.

MAP

Address: 811 South Main Street, Gainesville, FL 32601

Census Tract: 12001000700

Other Florida Projects

Financing to support East Coast Aluminum Products, Inc, an aluminum supplier and wholesaler located in Fort Pearce.
Development of two grocery stores in and near food deserts.
A project to transform the Riviera Beach waterfront into a vibrant and authentic destination spot for residents and visitors alike, spurring a revitalization out to Broadway and beyond.
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.