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Great Central Brewing (2015)

Chicago, IL

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COMMUNITY IMPACT

  • 65 permanent jobs created or retained
  • 30 construction jobs created

In November 2015, CDF provided $5.5 million in New Markets Tax Credit financing to Great Central Brewing Company, a startup contract brewing business dedicated to helping small Chicago-based brewers strategically grow and expand production. CDF financing supported land acquisition, site preparation, and construction of a new 33,000-square-foot industrial facility at 221 N. Wood Street in the Kinzie Industrial Corridor on the Near West Side. In addition to the NMTC-financed real estate portion of the project, Great Central purchased and installed approximately $3.7 million in equipment at the site, allowing for capacity to brew and package 30,000 barrels annually.

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The New Markets Tax Credit Coalition
1155 15th Street NW, Suite 400
Washington, DC 20005
202-393-5225
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