New Markets Tax Credit Coalition

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  • Loxley,
  • AL
  • (2018)
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Sweet Brew Tea

District: Barry Moore (R-AL01)

Financing for a new Southern Visions facility located in Bay Minette, Alabama.

Investment

  • NMTC Amount: $6,000,000
  • Total Project Cost: $24,000,000

IMPACT

  • 75 FTE jobs
  • 86 construction jobs
  • 111,180 sq. ft. of real estate

CDEs

Investor

Project Description

Sweet Brew Tea – The new Southern Visions facility is located in Bay Minette, Alabama. The project received a $6MM NMTC allocation from UBCD. The total sq. ft. of the real estate that is leased by the NMTC Beneficiary is 111,180 sq. ft. which includes 106,428 sq. ft. of manufacturing/industrial space and 4,752 sq. ft. of office space.

External Profile

MAP

Address: 30245-B County Road 49, Loxley, AL 36551

Census Tract: 1003010400

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