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Maya Cinemas Bakersfield 16

Maya Cinemas Bakersfield 16

Type

Retail

Location

Bakersfield, CA

Est. Project Cost

$27.5 million

Size

96,360 SF

Public Financing

New Markets Tax Credit, City

Sponsor

Maya Cinemas

Private Financing

Bank Financing

Closing Date

2009

Development of revitalization retail anchor

Ground up development designed to be the cornerstone of a downtown revitalization project leverage with significant public financing and support. Tax Credit financing funded construction cost as well as FF&E. Sponsor firm is a Hispanic owned and controlled entity.

Estimated Economic and Social Impact

125 jobs and over 50 construction jobs.

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