Roxbury, MA (2018)

Horizons WaterMark Center

Investment

NMTC Amount: 47,700,000

Total Project Cost: 62,076,217

IMPACT

380 FTE jobs

252 construction jobs

The project is a joint venture between Horizons for Homeless Children and WaterMark Development.

Project Description

The project is a joint venture between Horizons for Homeless Children and WaterMark Development. The project enabled Horizons to occupy approximately 47,000 square feet of a new building, allowing it to consolidate three leased locations into an owner-occupied space resulting in program efficiencies and cost savings. In addition, the number of homeless children served by Horizons’ programs increased from 175 to 225. WaterMark leased another 90,000 square feet to nonprofits assisting homeless and underserved children, youth, and families. In addition, a local restaurateur opened a cafe on the ground floor. More than 380 jobs were associated with the new building.

MAP

1785 Columbus Avenue, Roxbury, MA 2119

Related Projects

2021

Los Angeles, CA

Destination Crenshaw is a reparative development, open-air museum project and one of the largest black public art projects in…
2021

Washington, DC

Finance the adaptive reuse of two structures and the new construction of an office building containing approximately 61,000 sq….
2010

Saint Johnsbury, VT

Electrical Insulation Manufacturer: A project involved the construction of a 24,338 sq. ft. manufacturing facility and the acquisition of…
2008

Boston, MA

Transformation of the long-vacant Engine Company 40 Firehouse in East Boston into a vibrant youth arts center – a…