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Metro Center Atrium

Metro Center Atrium

Type

Commercial/Office, Healthcare, Hospitality & Retail

Location

Bronx, NY

Est. Project Cost

$112.5 million

Size

354,000 SF

Public Financing

New Markets Tax Credit

Sponsor

Simone Development

Private Financing

Debt, Equity, EB-5

Adaptive Re-Use Development EB-5/NMTC Financing

Metro Center Atrium is a 354,000 square foot mixed-use facility in the Bronx combining medical offices, a hotel, retail, and a fitness center. The $112.5 million project used NMTC and EB-5 financing to support the creation of critical healthcare and commercial infrastructure. Monge Capital provided capital financing services to help deliver transformative community healthcare anchored facility.

Estimated Economic and Social Impact

Over 2,000 job impact with over 300 construction jobs serving over 3,000 daily visitors.

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