Forty Acres Fresh Market

Investment

  • NMTC Amount: $9,000,000
  • Total Project Cost: $9,000,000

IMPACT

  • 72 FTE jobs
  • 86 construction jobs
  • jobs created and 72 jobs retained.
  • 37,000 sq. ft. of real estate

Investor

Project Description

The construction of the city’s first Black female-owned grocery store will address the neighborhood’s food disparities.

MAP

Address: 5713 W Chicago Ave, Chicago, IL 60651

Census Tract: 17031251400

Other Illinois Projects

Financing for a precision machining company that produces a diverse range of steel forgings for drive train components.
The NMTC helped preserve 35 high-paying jobs and transition a company to a new phase of growth.
The transformation of a vacant elementary school located on a federally designated brownfield site in a low-income community in Joliet into a holistic childcare center for children ages 6 weeks
Twelve acres of vacant land were transformed into the new Pullman Community Center – the 135,000 square foot, state-of-the-art, recreation and education complex – offering year-round indoor recreational and educational