PROJECTS
Emerald Capital has sourced or closed over $200M in NMTC Allocation, $125M+ in debt financing, and managed over $500M in project costs for clients since its existence.
4565 McREE
St. Louis, Missouri
TOTAL PROJECT SIZE:
64,000 SF
TOTAL COST:
$18M
OVERVIEW
Mixed-Use; Retail & Office Space
Emerald Capital sourced and closed $18M in NMTC Allocation to allow Green Street Real Estate Ventures to redevelop the existing building to provide retail and office space to the Forrest Park Southeast neighborhood. The project will create 150 permanent jobs, the majority of which are accessible to individuals without a college degree. Additionally, Phase II of this catalytic development has begun, which encompasses a multi-family development with 268 units.
TIGERFIBER
Sauget, Illinois
TOTAL COST:
$7M
OVERVIEW
Emerald Capital sourced and closed $7M in NMTC Financing to allow TigerFiber to grow their Commercial Hemp operations by purchasing machinery and equipment for their facility in Sauget, IL. TigerFiber will create accessible, high paying jobs and a new industry to St. Louis that provides environmentally sustainable outcomes. The financing allows TigerFiber to bring a new industry not only to the St. Louis market but to the United States. This industry is prevalent in Europe and TigerFiber is taking best practices abroad and bringing them to the United States.
MEALS ON WHEELS SAN ANTONIO
San Antonio, Texas
TOTAL PROJECT SIZE:
44,371 SF
TOTAL COST:
$21M
OVERVIEW
Meals on Wheels will be able to expand their kitchen/meal operations from their current facility to serve almost 10,000 seniors / year in the San Antonio region. Meals on wheels will also create nearly 50 new jobs while retaining 100 of their existing employees in the new facility.
THOR BOATS
Union City, Tennessee
TOTAL COST:
$7M
OVERVIEW
Emerald Capital sourced and closed $7M in NMTC
Financing to allow Thor Boats to expand their operations
with the procurement of new equipment and machinery.
The expansion will allow an increase in accessible and high
paying jobs for the rural low-income community.
CLIMATE BY DESIGN INTERNATIONAL
Owatonna, Minnesota
TOTAL PROJECT SIZE:
200,000 SF
TOTAL COST:
$27M
OVERVIEW
Climate by Design International’s new facility will create a significant amount of new accessible jobs for people without a 4-year degree. All jobs will pay above the area’s average living wage for the rural community.