St. Louis Food Hub

New Markets Tax Credit Coalition

Saint Louis,
MO
(2012)

St. Louis Food Hub

Business Development, Community, Food Manufacturing, Grocery and Fresh Food, Incubator, Manufacturing, Retail, Retail and Commercial, Shelters and Community Food

Financing for a grocery store and a food distribution, processing and aggregation facility.

Investment

NMTC Amount: $19,056,500
Total Project Cost: $19,056,500

IMPACT

85 FTE jobs
94 construction jobs

CDEs

Central Bank of Kansas City, Enterprise Financial CDE, MBS Urban Initiatives, USBCDE

Investor

US Bank

Project Description

Distribution center and market for locally grown foods. – Grocery store & a food distribution, processing and aggregation facility: The concept of the St. Louis Food Hub was born from the partnership of the local developer and St. Louis-based groups working on food desert issues, combined with support from local financiers and NMTC allocatees (including MBS Urban Initiatives) to help a neighborhood in desperate need of a fresh food outlet.

MAP

Address: 1814 South 14th Street, Saint Louis, MO 63104

Census Tract: 29510123200

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