New Markets Tax Credit Coalition

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Prince Avanue Market

Prince Avenue Market is the new construction of a four-story, mixed-use building with 20,500 sq. ft. of retail and commercial space and 34 homes in Athens, Georgia.

Investment

  • NMTC Amount: $17,500,000
  • Total Project Cost: $21,200,000

IMPACT

  • 40 FTE jobs
  • 38 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.
  • 20,500 sq. ft. of real estate

Investor

Project Description

Prince Avenue Market is the new construction of a four-story, mixed-use building with 20,500 sq. ft. of retail and commercial space and 34 homes in Athens, Georgia. The retail space is anchored by the first full-service urban grocery store in the area, providing much needed access to affordable fresh food. The project is part of a larger multi-phase development and adaptive reuse of the former St. Joseph’s Catholic Church adjacent and surrounding properties.

MAP

Address: 523 Prince Avenue, Athens, GA 30601

PDF Profile

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