Carmichael Building

A former Liggett and Myers tobacco warehouse in Durham, NC, the Carmichael Building, is now home to lab, research, and office space for Duke University's Molecular Physiology Institute.

Investment

  • NMTC Amount: $29,600,000
  • Total Project Cost: $47,822,446

IMPACT

  • 225 FTE jobs
  • 350 construction jobs

Investor

Project Description

A former Liggett and Myers tobacco warehouse in Durham, NC, the Carmichael Building, is now home to lab, research, and office space for Duke University’s Molecular Physiology Institute. New Markets Tax Credits helped make this rehabilitation possible.

MAP

Address: 300 North Duke Street, Durham, NC 27701

Census Tract: 37063002200

PDF Profile

Other North Carolina Projects

One of Raleigh’s most important buildings in the first part of the 1900s, this building housed the Evening Times, which later became the Raleigh Times newspaper. The Times building possesses

Construction of a new state-of-the-art sawmill facility in Enfield, North Carolina.

Revolution Energy Solutions LLC headquartered in Washington DC decided to install anaerobic digesters and a CHP plant to convert pig manure into usable energy on a larger pig livestock farms
NMTC financing supported the Student U-Pearson Center