New Markets Tax Credit Coalition

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  • New Orleans,
  • LA
  • (2009)

Harrison Fresh Market

District: Steve Scalise (R-LA01)

Rehabilitation of a vacant 21,000 sq. ft. building into a new full-service grocery store.

Investment

  • NMTC Amount: $5,880,000
  • Total Project Cost: $5,880,000

IMPACT

  • 40 FTE jobs
  • 30 construction jobs
  • 21,000 sq. ft. of real estate

CDEs

Investor

Project Description

Robert Fresh Market has successfully rehabilitated a vacant 21,000 sq. ft. building into a new full-service grocery store. The building formerly housed a successful community grocery store which was severely damaged during Hurricane Katrina and never reopened. The Harrison Fresh Market provides a critical service to the Lakeview neighborhood while contributing to the ongoing recovery of New Orleans from the effects of Hurricane Katrina. In addition, the restoration of this blighted building greatly improved a vital area within the Lakeview neighborhood retail hub. Currently, there are three grocery stores in the New Orleans area under the Robert Fresh Market moniker with approximately 250 employees.

MAP

Address: 901 Harrison Avenue, New Orleans, LA 70124

Census Tract: 22071005604

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