New Markets Tax Credit Coalition

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Publix Super Markets

Leasehold improvements and equipping two grocery stores operated under the Publix Supermarkets brand.

Investment

  • NMTC Amount: $12,000,000
  • Total Project Cost: $17,487,867

IMPACT

  • 308 FTE jobs
  • 160 construction jobs
  • Expands fresh food options for 13,400 people.
  • 70,000 sq. ft. of real estate

Investor

Project Description

The project involves leasehold improvements and equipping two grocery stores operated under the Publix Supermarkets brand. The NMTC-financed the construction and completion of more than 70,000 sq. ft. of store space. Each of the new stores are anchor tenants in new mixed-used developments in Miami, FL. In addition to both stores being located in severely distressed census tracts, store #1561 is located on a Brownfield and store #1614 operates within a USDA designated Food Desert.

MAP

Address: 1420 NW North River Drive, 601 NW 2nd Avenue, Miami, FL 33136

Census Tract: 12086003004

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