New Markets Tax Credit Coalition

Search

Interpres Building Solutions

The financing the purchase and rehabilitation of a former firehouse.

Investment

  • NMTC Amount: $422,500
  • Total Project Cost: $422,500

IMPACT

  • 13 FTE jobs
  • 2 construction jobs

Investor

Project Description

The Project involves financing the purchase and rehabilitation of a former firehouse. The building were used as the office space for the borrower’s engineering firm, Interpres Building Solutions. The firm provides a comprehensive training plan for each employee and provides reimbursement for outside training.

MAP

Address: 1201 South Campbell Avenue, Springfield, MO 65807

Census Tract: 29077000400

Other Missouri Projects

The River City Business Park project involved $70M redevelopment of a long-abandoned brownfield site into a 54 acre LEED-certified business park in a highly distressed community.
Founded in 1927, Valley Minerals is a stocking manufacturer of dolomitic quicklime and is one of the largest employers in Bonne Terre, Missouri.
A former streetcar repair facility in St. Louis was transformed into an environmentally smart business center.
The renovation will amplify Operation Food Search's programming and impact, benefiting 200,000 individuals monthly with essential food and services.