Studebaker Complex Receives Nearly $23m For Rehab Project

Entrepreneur Kevin Smith, CEO of the nearby Union Station Technology Center, envisions converting the Studebaker complex into a center of innovation with space for manufacturing, technology firms, business incubators, training and education. Capital One, U.S. Bank and United Federal Credit Union worked with RDistrict One LLC on the financing and used $18.6 million in New Markets Tax Credits from Urban Research Park CDE and the National Community Trust Investment Corp.

 

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