involved in the selection and approval of all commercial tenants looking to take space in the new Shenandoah Hotel building.

The project created over 16,000 square feet of commercial office and retail space in a formerly vacant, underutilized building. The space allowed small, local, minority-owned, and women-owned businesses to expand and meet the economic demand for new restaurants, retail shops, and professional offices. The project also provided much needed mixed-income housing in the downtown district, with 38 residential units of which 20% are income-restricted to households earning 80% or less of AMI. The project created roughly 40 permanent positions and 57 jobs during construction.

terms and has hosted nonprofits, community-based groups, startups, and businesses of various sizes. Additionally, the building provides space to the Omaha chapter of the Service Corps of Retired Executives (SCORE). SCORE is a national non-profit association that provides mentoring and other services to small businesses. These services are available to the incubator tenants which will help their business grow and thrive. In 2017, SCORE provided an estimated 100 individual sessions and 6 separate group classes with 15-20 incubator employees.

The project has restored a historic landmark, transformed a vacant, underutilized building into a valued community asset, and connected the community of Little Italy to the growth and opportunites of greater Omaha.

The Corporation for Findlay Market leases several retail storefront spaces and subleases back to graduates of their existing Findlay Kitchen incubator at below market rates as part of a small business development program. Findlay Kitchen is a non-profit organization that supports local new and existing food entrepreneurs by providing affordable access to commercial-grade kitchen equipment and ample storage space, all within a licensed kitchen facility adjacent to the Project. Findlay Kitchen partners with external programs and organizations to provide the necessary training, mentorship, and resources to aid business growth. Findlay Kitchen also serves as a conduit to wholesale and institutional customers, helping local entrepreneurs to get their products in more places.

Other retail tenants include local small businesses and a restaurant that staffs with graduates of the Jobs Café program. The office space is leased in its entirety by a local architecture firm that was already located adjacent to the Project, but it required additional space to grow its business.

Crosstown Concourse is the largest historic adaptive reuse project in the state of Tennessee and serves as an anchor and catalyst for revitalization and economic development in Memphis as well as the surrounding communities. Over 6,500 construction workers provided over 2.5 million hours of labor in the rehabilitation resulting in this adaptive reuse. 95% of the construction contracts were managed by local Memphis-owned business and 32% of the contracts were awarded to minority-owned companies.  

Crosstown Concourse attracts approximately 3,000 students, retail customers, residents and patients every day. This “vertical urban village” serves approximately 125,000 healthcare patients and 2,500 students and teachers per year and created an estimated 500 new

permanent jobs. Community members utilize health and wellness services at Church Health, one of the project’s tenants seeking to improve health and well-being in the community. Teach for America, Crosstown High, and Crosstown Arts all offer services that are dedicated to further cultivating the educational and creative community in Memphis. 

Crosstown Concourse offers 269 apartments consisting of 12 micro units, 24 studios, 64 one-bedroom, 155 two-bedroom and 8 three-bedroom apartments. The units are offered to residents at a range of income levels; 20% of these units are considered affordable housing at 80% or below of area median income.

The rehabilitation of Loray Mill Lofts Phase 2 advances the revitalization of one of Gastonia’s most historically significant industrial sites while expanding housing opportunities within an established mill village. By completing the adaptive reuse of the Loray Mill campus, the project returns a long-vacant portion of the property to active residential use, creating more affordable options in the Charlotte-area suburbs.

GlassRoots programs are STEAM-based and their new 24,000 square foot space allows them to significantly expand their programming options to both young adults and the regional artist community. The organization had previously been housed in a 5,500 square foot facility, but their new home was able to quadruple the annual attendance of their school field trip activities from 776 students to over 3,200.

Additionally, their long-term youth programming, FLAME (Focus, Leadership, Arts, Mentoring, Entrepreneurship), was projected to increase from 30 annual participants to 82 annual participants within the first years in their new location. This program teaches vital leadership skills that have effectively improved the matriculation rate of its participants to 100%.

New Jersey has the largest concentration of scientific glass manufacturers in the nation. The 12-week workforce training program prepares young adults for entry-level positions, allowing high school graduates to compete for positions in the STEM fields. Seventy-five percent of graduates who have completed this program are now employed or pursuing a higher education degree. GlassRoots anticipated that workforce program participation would triple within the first years in the expanded Project space.

The project supported roughly 80 Full-Time Equivalent (FTE) jobs during construction, half of which were be hired from the local low-income communities. Upon completion, the project was projected to support 75 FTE positions.

The project received an impressive level of community support through the development process and a variety of public funding designed for economic and residential expansion. The development team received letters of support from both Mayor Jasiel Correia II and the Massachusetts Department of Housing and Community Development.

In addition to below-market-rate leases, the larger, revitalized space will allow the commercial tenants to expand their programming to support more community members. Groundwork will provide affordable membership rates to an estimated 400 annual users and host job training programs as part of its partnership with the MassHire Bristol Workforce Investment Board.

Additionally, it will support Entrepreneurship for All (“E for All”), a year-long small business incubation program that will provide 30 entrepreneurs a year—predominantly women, minorities, and immigrants— with the opportunity to move their businesses forward.

The larger space and new theater will enable both the Spectrum Empowerment Project and YMTC to greatly develop and expand their

community programming. With a dedicated theater at their disposal, YMTC plans to add 4 additional performances to their annual calendar, growing their audience to 800 people annually. Additionally, the new location’s proximity to the Fall River District Court will allow Spectrum’s Employ Workforce Integration program, which provides job training for adults on the spectrum, to develop a new Paralegal Assistant program. The project will also create affordable housing for practicing artists (those earning 60% AMI or less), who typically have been pioneers in creating vibrancy in blighted neighborhoods. The project is a significant part of the city’s “Downtown Urban Renewal Plan.” In 2007, the city created an Arts Overlay District to promote the expansion of art and culture, encourage art uses, and enhance the vitality of the central business district by fostering a mix of housing and art-related uses. This project will be the “mix of housing and art-related uses,” which has been so elusive to the community.

The revitalization of the historic building will create an estimated 126 quality construction jobs, 72% of which are accessible to underserved individuals. Once complete, the building’s tenants will create an estimated 46 permanent jobs.