UTEC, Lowell, MA

Lowell,
MA
(2023)

UTEC, Lowell, MA

Youth and Families

Investment

NMTC Amount: $4,500,000
Total Project Cost: $4,766,100

IMPACT

6 FTE jobs
96 construction jobs
2 jobs created and 4 jobs retained. UTEC expects to be able to create an additional 56 program slots annually equating to enrolling an additional 19 unique young adults in its Woodworking program annually.
28,500 sq. ft. of real estate

CDEs

MHIC

Investor

Capital One

Project Description

Project entails the renovation of a 2-story, ~28,500 sq. ft. commercial warehouse building located at 70-80 Church Street, Lowell, MA into a Woodworking Social Enterprise center for UTEC, Inc. (~12,800 sq. ft. on the 70 Church side of the building), and on the 80 Church Street side of the building: ~12,700 sq. ft. for UTEC’s office, classroom, training, and event space, and ~3,000 sq. ft. of ground floor retail space for a to-be-identified tenant.

MAP

Address: 70-80 Church Street, Lowell, MA 1852

Census Tract: 25017310101

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