Hitchcock’s Market

Old Town,
FL
(2013)

Hitchcock’s Market

Grocery and Fresh Food, Retail, Retail and Commercial, Rural

In rural Dixie County, Florida, there was only one grocery store, and its 30-year old building had become run down.

Investment

NMTC Amount: $2,050,000
Total Project Cost: $7,345,560

IMPACT

19 FTE jobs
120 construction jobs
26,000 sq. ft. of real estate

CDEs

Florida Community Loan Fund, Stonehenge Community Development

Investor

US Bank

Project Description

In rural Dixie County, Florida, there was only one grocery store, and its 30-year old building had become run down. With NMTC financing, Hitchcock’s Market, a small regional chain, built a new 26,000 sq. ft. full service grocery store, including a pharmacy, on an adjacent site. The area is a USDA food desert, and now serves 16,000 area residents annually – the majority low-income.

MAP

Address: 26064 US Highway 19, Old Town, FL 32680

Census Tract: 12029970200

Other Florida Projects

Community Health Centers of Pinellas

High Point, St. Petersburg, Tarpon Springs,
FL
(2020)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare

CDE(s): Florida Community Loan Fund

Florida Community Loan Fund provided $17M in NMTC financing for Community Health Centers of Pinellas to build 2 new and renovate 2 existing health clinics.

Coral Town Plaza

Naranja,
FL
(2017)

Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Mid-City Community CDE, Truist

Coral Town Plaza is a grocery-anchored, 60,000 square-foot neighborhood center.

Henderson Behavioral Health

Fort Lauderdale,
FL
(2019)

Behavioral Health, Community, Healthcare

CDE(s): Florida Community Loan Fund

A new 13,860 sq-ft facility reaches an estimated 900 annually with after-school enrichment programs, career training, nutrition education and a garden.

Metropolitan Ministries MiraclePlace Pasco

Holiday,
FL
(2024)

Daycare and Early Childhood, Shelters and Community Food, Supportive Housing

CDE(s): Chase, Florida Community Loan Fund, The Reinvestment Fund

New construction and renovation of existing facilities amplifies organization’s reach with housing and services to those experiencing or at risk of homelessness.