Fresh Direct

Financing for a fresh food focused supplier supporting efforts to expand healthy foods access.

Investment

  • NMTC Amount: $24,680,300
  • Total Project Cost: $195,166,578

IMPACT

  • 670 FTE jobs
  • 960 construction jobs

Investor

Project Description

Grocery delivery service – Fresh food focused supplier supporting efforts to expand healthy foods access. NMTC financing was a key tool in a complicated capital stack that was necessary for FreshDirect to build its facility on a challenging site in New York City. The state-of-the-art distribution facility serves as the central hub of the online grocer’s entire operations, including its proprietary supply chain, its production of prepared food products, and its processing and distribution of customer orders.

MAP

Address: 2 Saint Ann's Avenue, Bronx, NY 10454

Census Tract: 36005001900

Other New York Projects

Phase 1 of the Livingston Buildings historic rehabilitation created a mixed-use structure.
Iconic Rochester, NY building gets wholesale landmark makeover

The project consists of: (i) the purchase and renovation of NHC’s existing 23,000 sq. ft. health center facility at 300 Niagara St. (NHC Mattina) and the construction of a 15,000

Lent Hill (LH) is the development and operation of a 2MW facility powered by local farmer’s food waste and silage. LH will process 43K gallons of local food waste per