Social Profit Center Mill One

Hamilton Township,
NJ
(2019)

Social Profit Center Mill One

Community, Housing, Mixed-use

NMTC financing supported the renovation of a portion of a historic former mill building (Condominium Units A and A1), located at 1 North Johnston Avenue, Hamilton Township, Mercer County, NJ 08609.

Investment

NMTC Amount: $8,000,000
Total Project Cost: $8,700,000

IMPACT

292 FTE jobs
91 construction jobs
74,000 sq. ft. of real estate

CDEs

New Jersey Community Loan Fund

Investor

Unknown

Project Description

NMTC financing supported the renovation of a portion of a historic former mill building (Condominium Units A and A1), located at 1 North Johnston Avenue, Hamilton Township, Mercer County, NJ 08609. The renovation project created approximately 74,000 sq. ft. mixed-use space, offering attractive lease terms focused at a variety of art, environmental, and nonprofit uses which provide services to the local community. The organizations created and retained 207 jobs. The project was part of a greater redevelopment effort of the 182,000 sq. ft. site and it resulted in additional investment in adjacent buildings.

MAP

Address: 1 North Johnston Avenue, Hamilton Township, NJ 08609Block 1727 Lots 20.03 & 20.04, Hamilton Township, NJ 8609

Census Tract: 34021002800

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