The Lion Brothers Building

New Markets Tax Credit Coalition

Baltimore,
MD
(2016)

The Lion Brothers Building

Community, Historic Rehabilitation, Incubator, Mixed-use, Nonprofit Hub

New rehabilitation project anchors the Hollins Market neighborhood, an area in west Baltimore hard hit by blight and disinvestment and on the edge of the University of Maryland's Bio Park.

Investment

NMTC Amount: $2,685,307
Total Project Cost: $10,805,075

IMPACT

37 FTE jobs
100 construction jobs
Rehabilitation of a vacant or under-utilized historic structure.
37,000 sq. ft. of real estate

CDEs

City First

Investor

Chase

Project Description

The Lion Brothers Building is an available 37000 sq. ft. commercial building in Southwest Baltimore – Lion Brothers anchors the Hollins Market neighborhood, an area in west Baltimore hard hit by blight and disinvestment and on the edge of the University of Maryland’s Bio Park.

MAP

Address: 875 Hollins Street, Baltimore, MD 21201

Census Tract: 24510180300

Other Maryland Projects

Mother Mary Lange Catholic School

Baltimore,
MD
(2020)

Community, Schools

CDE(s): Harbor Bankshares Corporation, Urban Action Community Development

Finances the construction of a new 65,000-sq. ft., three-story elementary school that will house two classes per grade level and a 520-student capacity.

Mt. Vernon Mill

Baltimore,
MD
(2011)

Adult Education, Affordable Housing, College or Vocational Training, Community, Historic Rehabilitation, Housing, Mixed-use, Office, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Bank of America, Enterprise Community Partners

The adaptive reuse of a historic mill property along the Jones Fall stream into a mixed-use community of market-rate and affordable apartments, offices and retail space.

Shop-Rite at Perring Parkway

Parkville,
MD
(2012)

Grocery and Fresh Food

CDE(s): United Fund Advisors

Grocery store with affordable groceries.

Dayspring Center

Baltimore,
MD
(2011)

Addiction Treatment, Behavioral Health, Community, Daycare and Early Childhood, Healthcare, Shelters and Community Food, Youth and Families

CDE(s): Capital Impact Partners

NMTC financing supported Dayspring, an organization that transforms the lives of homeless children and their families by providing housing, substance abuse treatment and services to assist families to gain stability