by Steve Lubetkin, Globest.com
Harrisburg-based Commonwealth Cornerstone Group completed a $10.5 million New Markets Tax Credit financing transaction for construction of a four-story building that will create a hub for retail and community services for distressed communities in west Philadelphia. New Market West is a 135,700-square-foot building that will be constructed on a 1.5 acre vacant lot at 59th and Market streets. The building will bring high quality early childhood education; workforce development, educational and emergency support services; behavioral health services; and community-serving retail to this transit-accessible location. The development is a joint venture between Mission First Housing Group and Horizon House.
ww.omegare.com
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