New Markets Tax Credit Coalition

Search

Golaski Labs

Acquisition and rehabilitation of Golaski Labs, vacant form home of maker of surgical needs by the same name, into mixed-use space.

Investment

  • NMTC Amount: $6,790,000
  • Total Project Cost: $7,284,537

IMPACT

  • 100 FTE jobs
  • 40 construction jobs
  • 48,240 sq. ft. of real estate

Investor

Project Description

Acquisition and rehabilitation of Golaski Labs, vacant form home of maker of surgical needs by the same name, into mixed-use space. The commercial space is occupied a -restaurant restaurant, offices of a landscape architectural and engineering services, and P3 Impact Hub which will serve as an incubator for businesses. The project will also house 35 one and two bedroom apartments.

MAP

Address: 4537 Wayne Avenue, Philadelphia, PA 19144

Census Tract: 42101024400

Other Pennsylvania Projects

Revitalization of the corridor buildings leading into downtown New Castle, PA.
Financing to help Project H.O.M.E. relocate its clinic.
The Connell Building, originally built in 1894, stood vacant for nearly a decade.

Sharswood Ridge Mixed-Use Project, which is located in a U.S. HUD CHOICE Neighborhood and an Opportunity Zone, will serve as an anchor on the Ridge Avenue commercial corridor in the