SW Florida Collaboratory

In Fort Myers, Florida, the historic 1920s train station had been vacant for some time.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $10,069,505

IMPACT

  • 23 FTE jobs
  • 286 construction jobs
  • Collaboration among the nonprofits located here will provide credit and home ownership counseling for 300 clients, as well as job training and employment counseling.

Investor

Project Description

In Fort Myers, Florida, the historic 1920s train station had been vacant for some time. With NMTC financing, the Southwest Florida Community Foundation partnered with the City of Fort Myers and the Community Reinvestment Association to restore and renovate the train station into a 2-building, 24,000 sq-ft center providing collaborative office space for area nonprofits and a state-of-the-art technology hub that is available to both residents and businesses.

MAP

Address: 2031 Jackson Street, Fort Myers, FL 33901

Census Tract: 12071000700

Other Florida Projects

Florida Community Loan Fund used its NMTC to finance a new school facility.
A new 13,860 sq-ft facility reaches an estimated 900 annually with after-school enrichment programs, career training, nutrition education and a garden.
New Markets Tax Credit financing supported the expansion of TAF’s manufacturing operation and brought jobs to the local community.
Wexford Science+ Technology is developing the UM Life Science Park to provide opportunities to foster the development of life sciences, technology, and biotechnology innovations.