New Markets Tax Credit Coalition
Redevelopment of five historic buildings located on the near east side of Columbus, Ohio, into an approximately 61,445 sq. ft., mixed-use, multi-tenant development to be known as “Trolley District” that will include among other things, a healthy foods retail market.
Address: 200 Kelton Avenue, Columbus, OH 43205
Census Tract: 39049003700
Offices, hotel, restaurants: Located on the corner of South Main and East Market Streets, developer Tony Troppe redeveloped the 58,000 square foot historic structure into a modern day office building.
Rural King used the proceeds of a NMTC Loan to finance acquisition and installation costs of certain equipment and machinery to be used by Rural King in its 1,000,000 sq.
The project financed tenant improvements to accommodate a new headquarters for Rosetta, the nation’s largest independent interactive agency. The growing digital marketing company relocated over 370 employees to downtown Cleveland.