New Markets Tax Credit Coalition

K-VA-T Winchester

Investment

  • NMTC Amount: $6,000,000
  • Total Project Cost: $65,000,000

IMPACT

  • 75 FTE jobs
  • 60 construction jobs
  • 54,000 sq. ft. of real estate

Investor

Project Description

This project was for a 54,000 sq. ft. grocery store in Winchester, TN. Store includes a bakery/deli, a 500 sq. ft. pharmacy, Starbucks and a Bank. K-VA-T also purchased an adjacent property for an off-site fuel station. The project site is located within a designated food desert and medically undeserved census tract. Thus, the new store will allow K-VA-T to directly address and serve the needs of local communities.

MAP

Address: 2211 Cowan Highway, Winchester, TN 37398

Census Tract: 47051960500

Other Tennessee Projects

The renovation of a 200,000 sq. ft. production plant in the former Caterpillar location. This production plant makes tranformers and transformer components.

The Tennessee Justice Center provides free legal representation in civil cases to 1,700 low-income clients each year from across Tennessee, principally in cases involving access to health care, nutrition assistance
The renovation of two historically-significant buildings and the construction of the green, LEED gold certified “Court Annex 2” building to create an urban center that offers 74 live/work units, 40,500
NMTC financing supported the Ampro project.