South Coast

Fall River,
MA
(2017)

South Coast

Grocery and Fresh Food, HFFI, Retail

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

CDEs

Chase, MassDevelopment

Investor

Chase

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

Boston University Medical Campus

Boston,
MA
(2006)

Community, Healthcare, Higher Education, Historic Rehabilitation, Hospitals and Emergency Services

CDE(s): MassDevelopment

With $9.5 million in support from Sovereign Bank, MassDevelopment put together a $20 million financing package through its NMTC programto rehabilitate and upgrade the FGS Building, one of two buildings

Dudley Municipal Center

Boston,
MA
(2013)

Community, Mixed-use, Municipal Facilities, Retail, Retail and Commercial

CDE(s): Bank of America, Building America CDE, MHIC

Construction of the Dudley Municipal Center, considered a centerpiece of the City of Boston's revitalization of Dudley Square in the economically disadvantaged Roxbury community.

High Point Treatment Center

Middleborough,
MA
(2014)

Addiction Treatment, Behavioral Health, Community, Healthcare

CDE(s): Chase, MassDevelopment

High Point, the largest provider of addiction and mental health treatment in Massachusetts, received NMTC financing to acquire and renovate a 60,000-square-foot facility on a Middleborough site that had been

Lowell Community Health Center (Phase 1)

Lowell,
MA
(2011)

Community, FQHCs, Healthcare, Historic Rehabilitation

CDE(s): Capital Impact Partners, MHIC

The acquisition and adaptive reuse of a historic mill complex to create a new 100,000 Federally-Qualified Health Center.