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

Historic renovlation of historic hotel for mixed use retail and afordable housing.
The Southeast Raleigh YMCA/Elementary School is the first phase of a 31-acre master planned site to improve access to education, wellness and fitness activities, and affordable housing in Raleigh, NC.
The construction of a 30,000-square foot, stand-alone medical office building and ambulatory care center on the southeast corner of the Blue Ridge Regional Hospita campus located in Spruce Pine, North
NMTC financing supported a Habitat for Humanity Build for Chatham Habitat for Humanity