New Markets Tax Credit Coalition

Chicago Center for Arts and Technology

A 62,000-sq. ft. NMTC-funded multi-use training center project in the West Town neighborhood of Chicago.

Investment

  • NMTC Amount: $9,800,000
  • Total Project Cost: $12,256,202

IMPACT

  • 21 FTE jobs
  • 30 construction jobs
  • 62,000 sq. ft. of real estate

Investor

Project Description

A model that provides arts, coding and digital education for youth and industry relevant career training for adults in fields such as medical assistants, advanced manufacturing which creates real avenues out of poverty and promote hope amongst those who need it the most. 62,000 sq. ft. NMTC-funded multi-use training center project in the West Town neighborhood of Chicago.

This project allows consolidation and expansion of the Greater West Town Community Development Project’s existing training programs, including a 165-student charter high school that offers vocational career training in the transportation/warehousing/logistics field for students that have previously dropped out of the Chicago Public School system. In addition, the center includes: a 75 percent expanded adult vocational training program, serving 180 students and teaching skilled carpentry and shipping/receiving skills; a 23,000 sq. ft. industrial incubator for state-of-the-art woodworking companies; and a 165-student vocational career training program for high school-age students in the transportation/warehousing/logistics field.

MAP

Address: 1701 West 13th Street, Chicago, IL 60608

Census Tract: 17031842900

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