Phoenix Union High School

Phoenix,
AZ
(2014)

Phoenix Union High School

Adult Education, College or Vocational Training, Community, Healthcare, Historic Rehabilitation, Schools

Rehabilitation of three vacant historic Phoenix Union High School buildings totaling 90,000 square feet for use by the University of Arizona College of Medicine.

Investment

NMTC Amount: $23,200,001
Total Project Cost: $27,700,000

IMPACT

141 FTE jobs
247 construction jobs
Rehabilitation of a vacant or under-utilized historic structure.
90,000 sq. ft. of real estate

CDEs

Phoenix Community Development and Investment Corporation

Investor

US Bank

Project Description

In 2005, AZ Board of Regents (ABOR) began rehabilitating three vacant historic Phoenix Union High School (PUHS) buildings totaling 90,000 sq. ft. for use by the University of Arizona College of Medicine. The campus was built in 1911 and the buildings were placed on the National Register of Historic Places in 1982.

The rehabilitation of these structures was part of the downtown Phoenix bioscience campus development, which eliminated blight in the downtown core while spurring new development and job opportunities. The project preserves three historic buildings and serves as a catalyst for the bioscience campus development. In addition, this project helped address the growing need for physicians and nurses within the community.

MAP

Address: 455 North Fifth Street, Phoenix, AZ 85004

Census Tract: 4013113100

PDF Profile

Other Arizona Projects

El Rio Santa Cruz Neighborhood Health Center

Tucson,
AZ
(2018)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare, Shelters and Community Food, Targeted Populations

CDE(s): Corporation for Supportive Housing

The development of a new 49,000 sq. ft. community health center to expand healthcare and services to people living with HIV/AIDS and people experiencing homelessness.

NTUA Wastewater Treatment Facility

Window Rock,
AZ
(2013)

Community, Rural, Targeted Populations, Waste Management, Water Management

CDE(s): Brownfield Revitalization, Clearinghouse CDFI

NMTC financing supported the Navajo Tribal Utility Authority, which provides electricity, natural gas, water, wastewater treatment, renewable energy and telecommunications services to homes and businesses throughout the Navajo Nation and

Habitat for Humanity of Central Arizona

Apache Junction,
AZ
(2013)

Affordable Housing, Community, Habitat for Humanity, Housing

CDE(s): Enterprise Financial CDE

Construction and renovation of simple, decent, affordable homes in partnership with needy families.

Navajo Tribal Utility Project

Kayenta,
AZ
(2018)

Energy, Utility

CDE(s): Ecotrust

NMTC equity was used for the construction of a substation that connects more Navajo Nation households to the recently completed Kayenta Solar Facility, a 27.3 MW solar farm. This investment