EagleKnit

New Markets Tax Credit Coalition

Milwaukee,
WI
(2019)

EagleKnit

Incubator

Rehabilitation of historic building into a 107,500 sq. ft. mixed-use innovation hub.

Investment

NMTC Amount: $14,790,000
Total Project Cost: $31,856,960

IMPACT

500 FTE jobs
184 construction jobs
107,500 sq. ft. of real estate

CDEs

First-Ring Industrial Redevelopment Enterprise, Forward Community Investments, USBCDE

Investor

US Bank

Project Description

NMTC financing supported the rehabilitation of a historic building into a 107,500 sq. ft. mixed-use innovation hub. The project includes the construction of a new 30,000 sq. ft. modern addition to the existing building.

MAP

Address: 507 South Second Street, Milwaukee, WI 53204

Census Tract: 55079186500

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