NTC Liberty Station (2011)

San Diego, CA

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NMTC Amount: $18,968,750

Est. Total Project Cost: $20,198,399

COMMUNITY IMPACT

The NTC Foundation, a private 501(c)(3) nonprofit corporation, is charged with the preservation and renovation of 26 historic buildings at the former Naval Training Center in the Point Loma area of San Diego, California. Phase 2 is the $20 million renovation of eight historic buildings, known as the Barracks, offering over 75,000 square feet of commercial space. The Barracks serves a creative hub for the NTC Liberty Station Promenade where the public can be engaged by the work of the creative community – artists and designers creating onsite, original clothing, art, fine crafts and food for sale, galleries and exhibitions and nonprofit office space for organizations serving the creative industries. Affordable below-market rent assures tenants of quality space that does not be influenced by market fluctuations and dislocations that often result from neighborhood gentrification and redevelopment.

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