New Markets Tax Credit Coalition

Search

Mt. Vernon Mill

The adaptive reuse of a historic mill property along the Jones Fall stream into a mixed-use community of market-rate and affordable apartments, offices and retail space.

Investment

  • NMTC Amount: $29,057,372
  • Total Project Cost: $42,345,020

IMPACT

  • 94 FTE jobs
  • 237 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

Project Description

The Mt. Vernon Mill project involves the adaptive reuse of a historic mill property along the Jones Fall stream into a mixed-use community of market-rate and affordable apartments, offices and retail space. Apartments include state-of-the-art green features, and office space targeted to business, nonprofit and educational organizations that focus on the environment and sustainability. Additionally, Baltimore City Public Schools uses 2,000 sq. ft. of space for an environmental learning lab

MAP

Address: 2980 Falls Road, Baltimore, MD 21211

Census Tract: 24510130600

Other Maryland Projects

Baltimore Food Hub is a food incubator hub in a severely distressed area of East Baltimore.

The project consists of the rehabilitation of the 60,500 sq. foot historic Phillips Packing Company, Factory F into a mixed-use technology hub within a non-metropolitan, severely distressed tract in Cambridge,

Remington Row is a 250,000 sq. ft. mixed-use, new construction project in the heart of the Remington neighborhood in Baltimore, Maryland.
The 1812 Ashland building is in Baltimore's Eager Park neighborhood, near Johns Hopkins University's East Baltimore campus.