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ATLANTA, July 23, 2021 (GLOBE NEWSWIRE) — Monarch Private Capital, a nationally recognized tax-advantaged investment firm that develops, finances and manages a diversified portfolio of projects that generate both federal and state tax credits, is pleased to announce the opening of the 16 Tech Innovation District, a $50 million historic rehabilitation project located in Indianapolis, Indiana. The 60-acre mixed-use community pioneers a new approach to how companies innovate.
The 16 Tech Innovation District is being developed using the Redevelopment Tax Credit (RTC) in the historic Riverside neighborhood and within the Indiana Avenue Historic District on the northwestern side of downtown Indianapolis. Dating back to the late 1800s, the area was once a thriving…
