Hollingsworth Rehabiliation

A food manufacturing facility increased local production and added jobs in Dearborn, MI

Investment

  • NMTC Amount: $23,250,000
  • Total Project Cost: $24,679,016

IMPACT

  • 1,007 FTE jobs
  • 85 construction jobs
  • 1007 jobs created and jobs retained
  • 864,000 sq. ft. of real estate

Investor

Project Description

Hollingsworth Logistics Group, LLC Hollingsworth, a Native American-owned company providing logistics services for sectors including aerospace, automotive, and food and beverage, has received NMTC NMTC allocations from Michigan Community Capital MCC, Invest Detroit, and U.S.Bancorp Impact Finance to support its expansion. the project includes the acquisition and rehabilitation of a 100-year-old building located at 14225 W.Warren Avenue in Dearborn.The acquired 864,000 sq. ft. building will serve as Hollingsworth’s headquarters, featuring a company warehouse and offices.Planned upgrades include the replacement of all major building systems HVAC, plumbing, roof, elevators, new windows, a facade rebuild, and the reconfiguration and expansion of the shipping and receiving dock doors.The first phase of the project is expected to exceed $24 million, improving the operational efficiency of the company. the project will finance the rehabilitation of a four-story 864,000 square feet, Albert Kahn designed building, built in 1929, into a warehouse distribution center for Hollingsworth Logistics Group, LLC, a provider of auto parts and services to car dealerships throughout the United States. the project is located in Dearborn, MI, a severely distressed low-income community. the project will serve as a catalyst for the Warren Avenue Corridor Improvement Plan in Dearborn, MI. the project will increase production, allowing Hollingsworth to retain approximately 700 jobs, and hire an additional 200 new employees.Currently, Hollingsworth is the 2nd largest employer in the area.

MAP

Address: 14225 West Warren Avenue, Dearborn, MI 48126

Other Michigan Projects

Construction of a four-story, co-op grocery anchored, mixed-use development consisting of 11,000 sq. ft. commercial space and 48 residential rental units in rural Mount Pleasant, MI.
Capital Impact Partners provided loans totaling $8.4 million ($8.7 million NMTC allocation) for the renovation and expansion of an approximately 6,000 sq. ft. building into an approximately 23,300 sq. ft.
McClellan ECE involves the development of a new, 14,000 sq. ft. early childhood education (ECE) facility in Detroit, Michigan. The project will be utilized as a Head Start Facility for
Vantage Plastics Expansion Creating Job Opportunities in Bay City