The Project:
The Project was a $25 million adaptive re-use of the former Kenosha Elks Club into the historic Heritage House Inn into an 80-room boutique hotel. In 2011 a fire added additional damage to the vacant property which now remains blight in downtown Kenosha.
Total Project Costs $25,000,000
FIRE NMTC Allocation $7,500,000
NMTC Investor US Bank CDC
Closing Date March 2017
Jobs:
The project created 75 direct permanent jobs and 82 temporary construction jobs.
FIRE welcomes requests for NMTC’s throughout the year as we work to maintain an active pipeline of viable and potential projects throughout the region.