Springdale General Social Innovation Center

New Markets Tax Credit Coalition

Austin,
TX
(2017)

Springdale General Social Innovation Center

Brownfield Remediation, Community, Mixed-use, Nonprofit Hub, Retail, Retail and Commercial

Redevelopment of a brownfield into a 165,000 sq. ft. campus of creative office and retail space

Investment

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

IMPACT

225 FTE jobs
300 construction jobs
165,000 sq. ft. of real estate

CDEs

PeopleFund NMTC

Investor

Capital One

Project Description

Office and Retail space for nonprofits, social services, and commercial businesses – Details: Redevelopment of a brownfield into a 165,000 sq. ft. campus of creative office and retail space

MAP

Address: 1023 Springdale Road, Austin, TX 78704

Census Tract: 48453002111

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