New Markets Tax Credit Coalition

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South Coast

A former mall was redesigned as an open air plaza.

Investment

  • NMTC Amount: $30,000,000
  • Total Project Cost: $50,035,287

IMPACT

  • 423 FTE jobs
  • 320 construction jobs

Investor

Project Description

SouthCoast Marketplace – Construction retail facility and ancillary facilities. – Demolition of abandoned and blighted mall and redevelopment into an open-air retail, dining, and entertainment venue

MAP

Address: 374 William South Canning Boulevard, Fall River, MA 2721

Census Tract: 25005640100

Other Massachusetts Projects

The redevelopment of a historic theatre that will consist of restoring the 44,000 sq. ft. 750 seat theatre and the attached West Wing that houses back of the house space

Rehab of historic building into arts and cultural center with performance space
The Lynn Y project comprises the land acquisition and new construction of 64,000 sq. ft. state of the art recreational facility in the city of Lynn, MA for the YMCA
NMTC financing totalling $7.24 million supported the ground up construction of a 23,000 sq. ft. cooperative grocery store known as River Valley Co-op in Easthampton, MA, a USDA designated Food