New Markets Tax Credit Coalition

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Kroger

This project was for a real estate loan for the grocery store.

Investment

  • NMTC Amount: $4,750,000
  • Total Project Cost: $50,288,675

IMPACT

  • 250 FTE jobs
  • 275 construction jobs
  • Hiring from disadvantaged populations with job training provided.
  • 135,200 sq. ft. of real estate

Investor

Project Description

This project was for a real estate loan for the grocery store. Kroger is a major community employer and is the largest super market in the United States. Finances a135,200 sq. ft., state-of-the-art online grocery fulfillment center that will be one of the first U.S. facilities devoted to direct-to-consumer grocery delivery, serving as Kroger’s hub for online delivery in Michigan.

MAP

Address: 15675 Wahrman Road, Romulus, MI 48174

Census Tract: 39049001700

Other Michigan Projects

This project will finance the construction of a 31,000 sq. ft. multi use development of a co-op grocery store in the Central Woodward neighborhood of Detroit, Michigan.
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Financing for a school designed to eliminate the achievement gap and provide quality public school choice for local families.
Purchase, installation and operation of new equipment in an ice cream manufacturing facility in Holland, MI.