New Markets Tax Credit Coalition

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Artspace Commons

The historic rehabilitation of the Western Macaroni Manufacturing Company warehouse originally built in 1900.

Investment

  • NMTC Amount: $6,825,000
  • Total Project Cost: $7,048,800

IMPACT

  • 5 FTE jobs
  • 25 construction jobs

Investor

Project Description

Macaroni Flats is the historic rehabilitation of the Western Macaroni Manufacturing Company warehouse originally built in 1900. The project opened in December 2016 and includes 13 residential one and two bedroom apartments and 8 streetlevel commercial spaces for artists and small businesses – Commercial/retail/cafe

MAP

Address: 244 South 500 West, Salt Lake City, UT 84101

Census Tract: 49035114000

Other Utah Projects

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The adaptive reuse of the now-vacant 58,000 square-foot historic Ben Lomond Garage in Ogden, Utah into a creative and arts-focused mixed-use development.
Working capital for recursion Pharmaceuticals, which provides data driven drug discovery aiming to repurpose existing drugs to cure rare genetic diseases.
Artspace Commons North is a green, mixed-use artist community in downtown Salt Lake City, Utah.