New Markets Tax Credit Coalition

Worthington Square Mixed-Use

Mixed-use development featuring community-oriented retail and housing space for local residents.

Investment

  • NMTC Amount: $11,640,000
  • Total Project Cost: $12,000,000

IMPACT

  • 48 FTE jobs
  • 79 construction jobs
  • 11,000 sq. ft. of real estate

Investor

Project Description

Mixed-use development featuring community-oriented retail and housing space for local residents. This will finance new construction of a mixed-use development with 48 units of market rate and affordable housing and 11,000 sq. ft. of commercial and community facility space offering retail opportunities and the creation of dozens of new jobs, as well as enrichment programs, skills training and services for children and adults. The Project is the “signature” development for the City, kick-starting redevelopment plans for the downtown center. It has a high level of support from City officials, including all members of the City Council, the Mayor, and the City Planning Manager. The City has shown its support of the Project by contributing land and capital funding towards the Project’s construction.

MAP

Address: 125 West Barioni Boulevard, Imperial, CA 92251

Census Tract: 6025011000

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