East Muskingum Civic Association

Investment

  • NMTC Amount: $1,420,000
  • Total Project Cost: $1,420,000

IMPACT

  • 2 FTE jobs
  • 5 construction jobs
  • The project also retains a total of 5 existing jobs.
  • 70,460 sq. ft. of real estate

CDEs

Investor

Project Description

The purchase and renovation of the building located at 1100 Green Street, Marietta, OH. This building will be renovated speculatively with the anticipation of light manufacturing and industrial tenants. The 70k square foot building is adaptable to a number of situations and can be leased to a single tenant, or multiple. The borrower’s construction company will initially occupy much of the building, but that tenancy is temporary until other tenants are acquired. The borrower’s aim in the redevelopment and redesign of this project is to create and implement a site plan that, by way of attracting a symbiotic mix of tenants, generates positive, sustainable Social, Human, Economic, and Environmental outcomes. Their property management and development track record is steeped in this regard; for almost four decades now, they have dedicated their efforts to development, preservation and positive outcomes for the local community at large. They fully intend to continue on this path for this and future projects.

MAP

Address: 1100 Green Street, Marietta, OH 45750

Other Ohio Projects

The redevelopment of the historic Baker Electric Car Building transformed the venerable old-economy icon into a "new economy" efficient, modern incubator and post-incubator space for some of Cleveland’s emerging technology-based

The 5-story Fairmont Creamery was constructed in 1930 and has been vacant since 1980. In addition to providing much needed housing and commercial space for the neighborhood, the redevelopment of

Financing to expand a children's hospital.

Providence House provides emergency shelter and crisis care to children newborn to 12 years old. At Providence House, children find safety and comfort in a home-like setting before abuse or