New Markets Tax Credit Coalition

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Riverwalk Project

In an effort to revitalize the Greenville community, RiverWalk was the “first-in” redevelopment initiated in the West End since the Great Recession began in 2007.

Investment

  • NMTC Amount: $15,975,587
  • Total Project Cost: $16,816,407

IMPACT

  • 59 FTE jobs
  • 220 construction jobs
  • 90,000 sq. ft. of real estate

Investor

Project Description

Once a commercial hub for the Upstate manufacturing industry, the West End suffered through a long period of disinvestment and decline. In an effort to revitalize this community, RiverWalk was the “first-in” redevelopment initiated in the West End since the recession began in 2007. Providing the first apartment units to be constructed in the Central Business District in decades, RiverWalk’s 90,000 sq. ft. mixed-use space includes 44 affordable apartments, 11 artist studios/work spaces and ground floor retail on a site that was left vacant by an electrical distribution company.

MAP

Address: 122 River Street, Greenville, SC 29601

Census Tract: 45045000700

PDF Profile

Other South Carolina Projects

Financing for a third-generation, family-owned meat packing business in non-metropolitan Cherokee County.
Rehabilitation of the historic Dalton Building into a mixed-use development that now houses offices and residential.
The renovation and revitalization of the historic Plush Mill in Greenville, S. C.
NMTC funding helped solidify the construction of a new integrated production facility near Barnwell, SC, providing jobs to a community that lost more than 600 jobs.