New Markets Tax Credit Coalition

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Fraunhofer Center

This project involved the adaptive reuse and rehabilitation of a historic building in Boston’s new, dynamic Innovations District.

Investment

  • NMTC Amount: $21,316,500
  • Total Project Cost: $21,316,500

IMPACT

  • 60 FTE jobs
  • 172 construction jobs

Investor

Project Description

Boston’s Innovations District is home to technology and research firms that are creating jobs and generating economic activity. This project involved the adaptive reuse and rehabilitation of a historic building in Boston’s new, dynamic Innovations District, located within the Fort Point Channel neighborhood and adjacent to the Seaport district.

MAP

Address: 5 Channel Center Street, Boston, MA 2210

Census Tract: 25025061200

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