New Markets Tax Credit Coalition

Search

Peace River Center

The construction of a new 14,000 sq. ft. comprehensive behavioral health emergency room.

Investment

  • NMTC Amount: $4,850,000
  • Total Project Cost: $5,578,176

IMPACT

  • 54 FTE jobs
  • 300 construction jobs
  • 1,300 patients served
  • 28,600 sq. ft. of real estate

Investor

Project Description

The project involves the construction of a new 14,000 sq. ft. comprehensive behavioral health emergency room with walk-in assessment, outpatient crisis, 20 bed stabilization unit and a 24 hour observation area. In addition, the project includes the renovation of an existing 14,600 sq. ft. facility constructed in 1955 to provide treatment, education and case management services to clients with severe and persistent mental health issues.

The project services both children and adults with mental health crisis issues that result in involuntary placement into care or “Baker Acted” care. There is documented need for expansion of beds with the Bartow crisis stabilization unit (CSU) operating at emergency status 65% of the time and 45% of the time over licensed capacity. Emergency status is defined as operating at too high a capacity to accept transfers from any other facilities such as law enforcement or local hospital Baker Acted clients. Currently Baker Acted clients are taken to Lakeland Regional Medical Center’s Emergency Room (ER) — one of the busiest ER’s in the state of FL based on the sponsor’s submission.

MAP

Address: 715 North Lake Avenue, Lakeland, FL 33801

Census Tract: 12105010300

PDF Profile

Other Florida Projects

Snack manufacturer partners with CDE to create or save 397 jobs in a community on the precipice of economic disaster.
New construction 32,000 sq. ft. facility that now houses eight classrooms, four therapy rooms, a library, a fine arts complex, a full-sized gymnasium and a commercial teaching kitchen.

The project is a new 75,000 sq. ft. holistic children’s resource center to be constructed by Lotus Endowment Fund, Inc. to expand its services to low-income children, youth, and families

Financing for a ommunity center with early learning and parenting classes, family advocacy services, medical clinic.