The Met

New Markets Tax Credit Coalition

Philadelphia,
PA
(2018)

The Met

Community

Redevelopment of a 113,300 sq. ft. historic, abandoned opera house built in 1908 into a state-of-the-art live entertainment venue, with additional rent-free office space for community nonprofits.

Investment

NMTC Amount: $9,000,000
Total Project Cost: $47,707,868

IMPACT

74 FTE jobs
80 construction jobs
113,300 sq. ft. of real estate

CDEs

PIDC Community Capital

Investor

Unknown

Project Description

Redevelopment of a 113,300 sq. ft. historic, abandoned opera house built in 1908 into a state-of-the-art live entertainment venue, with additional rent-free office space for community nonprofits.

MAP

Address: 858 North Broad Street, Philadelphia, PA 19130

Census Tract: 42101013300

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