GrowNYC Bronx Point Food Distribution Center

New Markets Tax Credit Coalition

Bronx,
NY
(2021)

GrowNYC Bronx Point Food Distribution Center

Behavioral Health, Community, Shelters and Community Food

A new $40 million, 60,000 sq. ft. fresh food distribution center in Hunts Point, Bronx.

Investment

NMTC Amount: $9,000,000
Total Project Cost: $40,000,000

IMPACT

90 FTE jobs
150 construction jobs
60,000 sq. ft. of real estate

CDEs

NYC Neighborhood Capital Corporation

Investor

Chase

Project Description

A new $40 million, 60,000 sq. ft. fresh food distribution center in Hunts Point, Bronx. GrowNYC is a NYC-based non-profit founded in 1970 that manages environmental programs and food-access programs in low-income communities. The GrowNYC food distribution center will create a central distribution point for small, local farmers from upstate New York to bring their produce, which GrowNYC will distribute to New York City residents through its healthy food access programs.

MAP

Address: 854 Hunts Point Anue, Bronx, NY 10474

Census Tract: 36005011502

Other New York Projects

Fine Fare Brooklyn

Brooklyn,
NY
(2023)

Grocery and Fresh Food

CDE(s): Arctaris Impact CDE, Hampton Roads Ventures, The Community Builders, TruFund

Financing for the owner of a Fine Fare Supermarkets in Brooklyn to purchase the building she had leased for 13 years. The purchase will stabilize occupancy costs, secure a long-term