Downtown Port Arthur, once known for its vibrant business, has been in decline in recent years due to reduced traffic and population loss. The restoration of the historic Port Arthur Savings Building will launch a revitalization effort to serve the community and increase the presence of downtown businesses. NMTCs will be utilized to redesign the 19,500 sq. ft. three story building as a modern office space. The improved building will house the city’s Chamber of Commerce, the Port Arthur Convention and Visitors Bureau and the Port Arthur Economic Development Corporation (PAEDC). PAEDC, a nonprofit, will focus on increasing Port Arthur’s business activity and foot traffic by renovating other abandoned downtown buildings.