New Markets Tax Credit Coalition

OM Station

Rehabilitation of the former Oscar Mayer headquarters and food processing plant into a multi-tenant light industrial and business facility.

Investment

  • NMTC Amount: $9,800,000
  • Total Project Cost: $12,455,231

IMPACT

  • 760 FTE jobs
  • 78 construction jobs
  • 428,000 sq. ft. of real estate

Investor

Project Description

The project is rehabilitation of the former Oscar Mayer headquarters and food processing plant into a multi-tenant light industrial and business facility, named “OM Station”. The infrastructure investment will focus on refurbishing three buildings at the plant, converting a 58,000 sq. ft. building to a mixed-use retail building, a 270,000 sq. ft. building for office space tenants, and 100,000 sq. ft. building for a manufacturing or cold storage user. Overall, the Project is expected to attract quality and accessible jobs in a distressed community. Furthermore, the property is located in an area targeted for redevelopment by the State of Wisconsin.

MAP

Address: 910 Mayer Avenue, Madison, WI 53704

Census Tract: 55025002100

Other Wisconsin Projects

Acquisition, construction, and leasing of two industrial buildings encompassing a site of approximately 170,000 square feet on Rogers Street in a highly distressed area of West Allis, WI.
The transformation of prior vacant underutilized industrial property in the Port Washington corridor of the Riverworks Industrial District.

The 131,144 gross sq. ft. (119,350 net) consists of a non-profit café, office space leased by the local economic development corporation, a light manufacturing tenant, workforce training facility and maker

Greater Fox Cities Habitat for Humanity is an innovative leader in diverse housing solutions by empowering families and inspiring community-wide action to break the cycle of poverty. The NMTC helped