New Markets Tax Credit Coalition

Essentia Health Duluth Heritage Center

Financing supported a wellness and fitness center with a mission to provide an environment that inspires and promotes a healthy lifestyle through diverse, quality opportunities, with special emphasis on youth sports activities to enrich mind, body and spirit, while enhancing lifelong learning.

Investment

  • NMTC Amount: $8,075,000
  • Total Project Cost: $15,000,000

IMPACT

  • 70 FTE jobs

Investor

Project Description

Financing supported a wellness and fitness center with a mission to provide an environment that inspires and promotes a healthy lifestyle through diverse, quality opportunities, with special emphasis on youth sports activities to enrich mind, body and spirit, while enhancing lifelong learning.

MAP

Address: 120 South 30th Avenue West, Duluth, MN 55806

Census Tract: 27137015600

Other Minnesota Projects

Rehabilitation of a building for the development of a mixed-use project to include medical respite, transitional housing, healthcare, and social services for the homeless.
The NMTC financing for construction and other project costs associated with a 23,040 SF manufacturing facility, 7,800 SF warehouse and improvements/upgrades to an existing 4,000 SF building located in Pine
The acquisition of land and new construction of a 200,000 sq. ft. manufacturing and warehouse facility