Coal Street Community Facility

The Coal Street project transformed a dilapidated 30-acre park into a regional sports and medical complex.

Investment

  • NMTC Amount: $14,210,000
  • Total Project Cost: $16,040,579

IMPACT

  • 40 FTE jobs
  • 136 construction jobs

Investor

Voices from the Community

“The renovation…is a great example of how municipalities like WilkesBarre, working in cooperation with county, state, and federal levels of government and the private sector can provide outstanding offerings for their residents.”

-Wilkes-Barre Mayor Tom Leighton on the Coal Street NMTC project

Project Description

The Coal Street project transformed a dilapidated 30-acre park into a regional sports and medical complex. Coal Street Park, located in WilkesBarre, Pennsylvania, was extensively rehabilitated, injecting new life into one of the city’s most highly trafficked roadways, while creating an attractive entrance to the downtown district and providing excellent public recreation offerings.

MAP

Address: 40 West Northampton Street, Wilkes-Barre, PA 18711

Census Tract: 42079201000

Other Pennsylvania Projects

The substantial renovation of a vacant building for a new headquarters.
Financing for a meat market to relocate to a larger location.
The renovation of an existing five-story 135,800 square foot industrial building located in the Homewood neighborhood of Pittsburgh for the purpose accommodating creative start-up and nascent entrepreneurial business activity.
In Philadelphia, the NMTC transformed a former textile mill and warehouse into apartments for teachers and non-profit office space designed for education related firms.