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Lynn, MA (2017)

Lynn YMCA

The Lynn Y project comprises the land acquisition and new construction of 64,000 sq. ft. state of the art recreational facility in the city of Lynn, MA for the YMCA of Metro North.

Investment

  • NMTC Amount: $21,500,000
  • Total Project Cost: $25,433,381

IMPACT

  • 50 FTE jobs
  • 165 construction jobs
  • 64,000 sq. ft. of real estate

Investor

Project Description

The Lynn Y project comprises the land acquisition and new construction of 64,000 sq. ft. state-of-the-art recreational facility in the city of Lynn, MA for the YMCA of Metro North. The new facility houses a wellness center, a family adventure and child watch center, a family aquatics center, gymnasium, indoor track, a kitchen, a licensed pre-school learning center, locker rooms and significant community meeting space. The new facility allows the Lynn Y to deliver significant outcomes, which include, among others, an increase in annual members from almost 5,000 to 12,000, an increase in participants from 10,000 to 25,000, an increase in subsidized childcare slots from 77 to 140; an increase in: teens in employment training from 115 to 175, teens in first jobs from 155 to 350, youth in STEAM from 500 to 875, and youth served daily hot meals from 144 to 400; and average annual financial assistance to low-income families from $500,000 to $800,000.

MAP

Address: 20-40 Neptune Boulevard, Lynn, MA 1902

Census Tract: 25009207200

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