LA Prep South

New Markets Tax Credit Coalition

Los Angeles,
CA
(2017)

LA Prep South

Business Development, Community, Food Manufacturing, Incubator, Manufacturing

Acquired and rehabiliated existing warehouse buildings into a specialized facility leasing food production space to small and businesses and other seeking production space.

Investment

NMTC Amount: $10,800,000
Total Project Cost: $29,531,498

IMPACT

250 FTE jobs
41 construction jobs
60,000 sq. ft. of real estate

CDEs

California Statewide Communities Development Corporation, Chase, Genesis LA CDE

Investor

Chase

Project Description

Acquire and rehabiliated existing warehouse buildings into a specialized facility leasing food production space to small and businesses and other seeking production space. The approximately 60,000 sq. ft. multi-tenant food production facility located in South Los Angeles, California provides pre-inspected, ready-to-occupy, private kitchen spaces to small food manufacturers.

MAP

Address: 6130 Avalon Boulevard, 661 East 6, Los Angeles, CA 90003

Census Tract: 6037239202

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