New Markets Tax Credits financing was used to finance the demolition, remediation, and site preparation of the former 122 acre Ford manufacturing facility in south Atlanta. The project was the largest contaminated brownfield remediation in the State of Georgia’s history and AEMI’s financing prevented the site from entering a period of long-term decay. Today, the Aerotropolis Atlanta development is home to Porsche’s North American headquarters. Porsche has invested $100,000,000 into the facility and will employ 450 people in the Atlanta area.
Investor: Capmark Finance (Greenline Ventures)
program: New Markets Tax Credits