Hoen Lithograph Campus

New Markets Tax Credit Coalition

Baltimore,
MD
(2020)

Hoen Lithograph Campus

Adult Education, College or Vocational Training, Community, Incubator, Mixed-use, Nonprofit Hub

Redevelopment of the 86,000 square foot blighted complex (that includes 6 buildings) in East Baltimore’s Middle East neighborhood, which had been vacant since 1981 and was in a state of complete despair.

Investment

NMTC Amount: $24,250,000
Total Project Cost: $36,805,902

IMPACT

283 FTE jobs
164 construction jobs
Workforce training programs will have 1,188 students per year
86,000 sq. ft. of real estate

CDEs

Cinnaire New Markets, City First, National Trust Community Investment Corporation, Telesis CDE Corporation

Investor

US Bank

Project Description

In January 2019, CSP closed on $26MM redevelopment of the 86,000 sq. ft. blighted complex (that includes 6 buildings) in East Baltimore’s Middle East neighborhood, which had been vacant since 1981 and was in a state of complete despair. Phase II NMTC request will support the following uses: Associated Builders and Contractors Construction Acadamy, Morgan State University, Center for Neighborhood Inovation, and Club at Collington.

MAP

Address: 2102 East Biddle Street, Baltimore, MD 21213

Census Tract: 24510080400

Other Maryland Projects

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Community, Schools

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The 1812 Ashland Building

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