Norfolk Medical Office Building

A $10 million state & $5.3 million federal NMTC financing to construct a new 83,493 sq. ft. medical office complex, offering a wide variety of medical services not otherwise found in Norfolk, including physical therapy, pediatrics, family practice, internal medicine, imaging, lab, orthopedics, specialty clinic, surgical/oncology, pain, and an ambulatory surgical center.

Investment

  • NMTC Amount: $5,300,000
  • Total Project Cost: $10,000,000

IMPACT

  • 212 FTE jobs
  • 250 construction jobs
  • 83,493 sq. ft. of real estate

Investor

Project Description

A $10 million state & $5.3 million federal NMTC financing to construct a new 83,493 sq. ft. medical office complex, offering a wide variety of medical services not otherwise found in Norfolk, including physical therapy, pediatrics, family practice, internal medicine, imaging, lab, orthopedics, specialty clinic, surgical/oncology, pain, and an ambulatory surgical center.

MAP

Address: 3900 Madison Avenue, Norfolk, NE 68701

Census Tract: 31119960900

Other Nebraska Projects

The NMTC supported a $9.3 million expansion of the rubber mixing operations at its Continental Tire's industrial hose plant in Norfolk.
NMTC financing helped develop a community center in Pender that provides daycare services, wellness facilities, and more.
The Beatrice YMCA renovated 52,000 sq. ft. of their existing facility and expanded by over 14,000 sq. ft. to meet increased demand.
The expansion and modernization of an agricultural technology company that transforms distillers grains (agricultural waste products) into livestock feed and sustainable building products.