Martineau Division Oaks

New Markets Tax Credit Coalition

Grand Rapids,
MI
(2008)

Martineau Division Oaks

Community, Mixed-use

The purchase and rehabilitation of several parcels on Division Avenue in Grand Rapids.

Investment

NMTC Amount: $8,616,967
Total Project Cost: $11,478,767

IMPACT

5 FTE jobs
75 construction jobs
23 Artist Live-Work Units

CDEs

Local Initiatives Support Corporation

Investor

National City

Project Description

The Martineau Division- Oakes project involved the purchase and rehabilitation of several parcels on Division Avenue in Grand Rapids. Prior to the project, many parcels contained empty, dilapidated, two to three story buildings, including a building that had previously housed a reptile exhibit. One parcel was a vacant lot.

MAP

Address: 104 Division Avenue South, Grand Rapids, MI 49503

Census Tract: 26081002000

PDF Profile

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