Urban Market Exchange

Chicago,
IL
(2023)

Urban Market Exchange

Tech

Investment

NMTC Amount: $656,566
Total Project Cost: $656,566

IMPACT

8 FTE jobs
3 jobs created and 5 jobs retained.

CDEs

USBCDE

Investor

US Bank

Project Description

Urban Market Excahnge is a start-up business. They will offer consulting and legal services, co-working spaces for artists, specaility and venue spaces for training, residential apartments, retail shops and office services.

MAP

Address: 6444 S. Drexel Ave., Chicago, IL 60637

Census Tract: 17031420800

Other Illinois Projects

Tesla Produce

Chicago,
IL
(2011)

Food Manufacturing, Manufacturing, Solar, Waste Management, Water Management

CDE(s): Chicago Development Fund

Financing for a family-owned wholesale distributor of fresh produce as well as frozen, canned and specialty items.

America’s Central Port Complex

Madison,
IL
(2015)

Business Development, Manufacturing

CDE(s): Heartland Regional Investment Fund

A million sq. ft. of new, rail-served manufacturing and warehousing space in the industrial development along the Mississippi River's Chain of Rocks shipping canal.

The MetroSquash Academic & Squash Center

Chicago,
IL
(2014)

Community, Daycare and Early Childhood, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): Chase, Chicago Development Fund

Financing for a youth academic enrichment organization.

Perspectives Charter School

Chicago,
IL
(2019)

Community, Schools, Youth and Families

CDE(s): SCORE

SCORE allocated $8.5MM of federal NMTC allocation and $8.25MM of IL State NMTC allocation to Perspectives Charter Schools for the acquisition and refurbishment of a new campus building, to enable