New Markets Tax Credit Coalition

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Vicente’s Tropical Grocery

Due to the lack of further expansion options at the existing store, Vicente's opened a second 33,416 sq. ft. store in downtown Brockton at 160 Pleasant Street in a very low-income neighborhood.

Investment

  • NMTC Amount: $12,476,000
  • Total Project Cost: $14,500,000

IMPACT

  • 96 FTE jobs
  • 42 construction jobs
  • Project includes a Federally Qualified Health Center.
  • 33,416 sq. ft. of real estate

CDEs

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Investor

Project Description

Due to the lack of further expansion options at the existing store, Vicente’s proposes to open a second 33,416 sq. ft. store in downtown Brockton at 160 Pleasant Street in a very low-income neighborhood. created 100 new permanent jobs through two key projects: the family-owned Vicente’s Tropical Market and Enterprise Block. Vicente’s occupies nearly 40,000 sq. ft. of the old mall. The Enterprise Block is a mixed use, mixed income multi-phase project to create 210 units of housing and an additional 60,000 sq. ft. of commercial space. Today, Vicente’s, whose owners hail from Cape Verde, imports a wide variety of fresh foods directly from all over the world: Cape Verde, Haiti, Portugal, Central and South America—countries of origin for many Brockton residents. Immediately next door to Vicente’s is the 10,000 sq. ft. Brockton Neighborhood Health Center, which not only provides quality health care, but also a teaching kitchen staffed by dietitians and health workers who coach clients to prepare more nutritious meals.

MAP

Address: 160 Pleasant Street, Brockton, MA 2301

Census Tract: 25023510800

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