WCI Partners

WCI Partners in Harrisburg redeveloped old, dilapidated buildings into vibrant commercial and residential hubs.

Investment

  • NMTC Amount: $1,864,013
  • Total Project Cost: $7,000,000

IMPACT

  • 30 FTE jobs
  • 50 construction jobs
  • 6,500 sq. ft. of real estate

Investor

Project Description

WCI Partners in Harrisburg redevelops old, dilapidated buildings into vibrant commercial and residential hubs. In 2015, WCI Partners found a string of vacant, blighted properties in the 900 block of North Third Street, close to the Capitol and, at one time, a thriving section of the city. With a New Markets Tax Credit allocation from Community First Fund, WCI Partners redeveloped four buildings totaling 40,000 sq. ft. and created 41 apartment units – 8 of which are affordable-rate – and commercial space for three business tenants. One of these tenants is st@rtup, a small business incubator and the first open co-working space in Harrisburg. With 6,500 sq. ft. of flexible space, st@rtup can accommodate 90 members and offers a variety of convenient amenities. This transformation has created a strong connection between the downtown and Midtown areas of the city, and like other WCI Partners projects, stands to have significant economic and social impact far beyond the neighborhood.

MAP

Address: 916 North Third Street, Harrisburg, PA 17102

Census Tract: 42043020300

Other Pennsylvania Projects

New healthcare facility helps address medical needs in Mifflin and Juniata counties
Construction of a 42,000 sq. ft. shopping plaza featuring a Save-A-Lot supermarket, creating 185 jobs
In 2014, Community First Fund allocated NMTCs for a 35,000 sq. ft. expansion, allowing enrollment to grow from grades K-3 to K-8 and the creation of more than 80 jobs.
Construction of a new three-story, 51,700 SF behavioral health facility in the rural community of DuBois, PA.