CDFI/Stories/New Markets Tax Credits/David Brower Center

David Brower Center

Sustainable, mixed-use development featuring eco-friendly stores, restaurants, organizations, and workspace
Sustainable, mixed-use development featuring eco-friendly stores, restaurants, organizations, and workspace
Sustainable, mixed-use development featuring eco-friendly stores, restaurants, organizations, and workspace
Sustainable, mixed-use development featuring eco-friendly stores, restaurants, organizations, and workspace
Sustainable, mixed-use development featuring eco-friendly stores, restaurants, organizations, and workspace
Sustainable, mixed-use development featuring eco-friendly stores, restaurants, organizations, and workspace

The David Brower Center in downtown Berkeley is a community gathering place designed to inspire and nurture environmental leaders and build a foundation for future generations. A key component of sustainable mixed-use development, it includes a unique collection of eco-friendly retail stores and restaurants, environmental organizations, conference spaces, and affordable workforce housing near public transit.

Clearinghouse CDFI provided $12.5 million of New Markets Tax Credit (NMTC) allocation for the transformation of a one-acre parking lot into the stunning David Brower Center.

Read more about the David Brower center here: http://browercenter.org.

Financing Provided: $12.5 Million in New Markets Tax Credits (NMTCs)
Location: Berkeley, CA
Impact:

6 Permanent Jobs
40 Construction Jobs

Purpose:

Collaborative Workspace for a Wide Range of Nonprofit and For-Profit Organizations

Year Funded: 2007

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