Search

Greenfield, MA (2009)

Hawks & Reed Performing Arts Center

Arts Block/Pushkin and Bank Row are two projects involving the renovation of five historic, mostly vacant buildings, totaling nearly 40,000 sq. ft., clustered around the main intersection in downtown Greenfield.

Investment

  • NMTC Amount: $2,534,622
  • Total Project Cost: $3,033,592

IMPACT

  • 5 FTE jobs
  • 15 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.
  • 40,000 sq. ft. of real estate

CDEs

Investor

Project Description

Arts Block/Pushkin and Bank Row are two projects involving the renovation of five historic, mostly vacant buildings, totaling nearly 40,000 sq. ft., clustered around the main intersection in downtown Greenfield. The projects are part of a larger plan involving redevelopment of a total of nine buildings that, all told, will transform and revitalize the downtown area. The first phase of this downtown renewal plan involved the historic renovation of three buildings (Bank Row) developed by Jordi Herold, and two buildings (Arts Block and Pushkin) developed by Ed Wierzbowski. For these projects, MHIC provided New Markets and historic tax credit financing totaling $7.55 million and $798,363 in bridge loans to rehabilitate four 19th-century mercantile buildings and an early 20th-century bank building. The buildings include mixed-use retail/office space: a new café, book store, and casual-dining restaurant, six loft-style apartments, a recording studio, bakery, shared office space for small entrepreneurs, a new home for the Greenfield Community College art department, and integrated restaurant, music and gallery space.

MAP

Address: 285 Main Street, Greenfield, MA 1301

Census Tract: 25011041300

Related Projects

Romulus, (2020)

Saint Louis, (2020)

Greensboro, (2011)