New Markets Tax Credit Coalition

Search
  • Boston,
  • MA
  • (2011)

Fraunhofer Center

District: Stephen Lynch (D-MA08)

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

CDEs

,

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.

External Profile

MAP

Address: 5 Channel Center Street, Boston, MA 2210

Census Tract: 25025061200

Missing information? Submit an update or correction.

Other Massachusetts Projects

Franklin Cummings Tech
  • Boston,
  • MA
  • (2024)
  • CDE(s): Bluehub, Chase, Consortium America, Grow America, Partners for the Common Good
Expansion and modernization of technical college increases career opportunities for low-income persons through affordable workforce training and wraparound services.
Learn more..
Hibernian Hall Project
  • Boston,
  • MA
  • (2004)
  • CDE(s): MHIC
Rehab of historic building into arts and cultural center with performance space
Learn more..
Union Crossing
  • Lawrence,
  • MA
  • (2013)
  • CDE(s): MHIC
A transformative multi-phase project, initiated in 2007, to redevelop a complex of 19th-century textile mills along the Merrimack River into a thriving mixed-use neighborhood.
Learn more..
The Greater Boston Food Bank
  • Lawrence,
  • MA
  • (2011)
  • CDE(s): Bluehub
NMTC financing supported the construction of The Greater Boston Food Bank
Learn more..