Tuesday, January 19States Top Leading News (STL.News)

Tag: North Philadelphia

Pennsylvania Governor Wolf: Tax Credits’ Investment in North Philadelphia
Politics

Pennsylvania Governor Wolf: Tax Credits’ Investment in North Philadelphia

Governor Wolf Announces Investment of Tax Credits in North Philadelphia to Build Transformative Mixed-Use Development The New Construction Will Provide Housing, a Grocery and a Health Clinic Harrisburg, PA (STL.News) Governor Tom Wolf today announced that Commonwealth Cornerstone Group has completed a New Markets Tax Credit transaction of $16.5 million to help fund construction of a new shopping complex and 98 mixed-income units of rental housing along the 2000-2200 block of Ridge Avenue in North Philadelphia. The 231,000-square-foot commercial shopping complex already has four major tenants lined up to begin business when construction is completed.  They include a Grocery Outlet Market, an Everest Urgent Care/Adult Daycare center, a Santander Bank branch office, and a Wingstop restaurant...