News / Events | Dudley Ventures

Apr 23 2021

Brooklyn Navy Yard partners with Lincoln Tech to provide manufacturing job training to tenant employees

Commercial tenants at the Brooklyn Navy Yard will now have access to more manufacturing training. The Brooklyn Navy Yard Development Corporation teamed with Lincoln Educational Services Corporation to provide job training in computerized manufacturing to employees of the tenant companies at the Yard. The training and workforce development program will mark the first joint effort in the partnership between the Brooklyn Navy Yard and Lincoln Tech schools.

Apr 20 2021

Best in the Business recognized at Ogden-Weber Chamber Gala

Thaine Fischer accepted the 2021 Small Business of the Year award on behalf of The Monarch during the Ogden-Weber Chamber of Commerce Annual Gala on Thursday, April 15, 2021, at Peery's Egyptian Theater. The Monarch is the adaptive reuse of the 58,000 square-foot, historic Ben Lomond Garage into a creative and arts-focused mixed-use development in Ogden, Utah. DV Community Investment is proud to have provided $8MM in #NMTC allocation to this transformative project.

Mar 19 2021

New Orleans Military and Maritime Academy to expand in Algiers

The New Orleans Military and Maritime Academy has signed an agreement with the Algiers Development District to allow the school to expand at the former Federal City site. The three-year lease option grants NOMMA the ability to expand their campus and have additional space for academic instruction, indoor and outdoor dining, a gymnasium and a career and technical education center to serve the school’s rising enrollment, a news release said. The option allows NOMMA to assume control of two additional parcels for building expansion on approximately 3.1 acres located directly behind the school on Patterson Road and land and buildings directly across from the front of the school. In addition, a third parcel of 5.3 acres will serve as the athletic field once the New Orleans Police Department exits the site in 2022.

Feb 3 2021

NTCIC’s Latest Main Street Project Will Restore a Baltimore Landmark

NTCIC announces the closing of $1.7 million in New Markets Tax Credit allocation for the historic Odell’s building in Baltimore, MD. The redevelopment efforts will reactivate the 18,000 square foot landmark that was once home to a dance academy with royal ties, as well as the famous Odell’s nightclub. It will continue the growth of Baltimore’s Arts District and become the North Avenue Educational Hub, a new home to two local nonprofit organizations dedicated to enriching the lives of students, Young Audiences of Maryland and Code in the Schools. This is the 9th project to be supported through NTCIC’s Irvin Henderson Main Street Revitalization Fund.

Jan 31 2021

Brooklyn Navy Yard Development Corporation Leases 56,000 Square Feet Of Manufacturing Area At Building 127

New York Yimby - The Brooklyn Navy Yard Development Corporation this week announced two large technology and manufacturing leases at Building 127. Together, the new leases measure up to 56,000 square feet and represent a robust year of sales and progress within Brooklyn Navy Yard.

Jan 16 2021

Another act comes to the former Odell’s nightclub on North Avenue

Baltimore Sun - A North Avenue building that once housed the celebrated Odell’s nightclub is poised for another life. Two nonprofits, Young Audiences of Maryland and Code in the Schools, will be the new tenants in this solidly constructed building about to undergo a $7 million renovation.

Jan 12 2021

Multi-Assistance Center aimed at providing care for people with special needs set to open in 2022

The COVID-19 pandemic may have temporarily closed Morgan’s Wonderland in 2020, but work is still going on to make it bigger and better, spreading its message for inclusion. Morgan’s Wonderland has several projects in the works right now, including the Multi-Assistance Center. The MAC, as it’s also known, is set for construction in late January with 165,000 square feet. “It’s designed to be a one-stop shop where individuals with special needs of all ages can come to The MAC to get all the services that they need in areas of medical, therapy and social services,” said Allen Castro, CEO of Morgan’s Wonderland. “We have found is that individuals with special needs require a whole array of services that are spread out all over the community, and this presents challenges to them to get to these services.”

Dec 22 2020

New Markets Tax Credit Receives Five-Year $5 Billion Extension

WASHINGTON, D.C. (December 22, 2020) – The Consolidated Appropriations Act of 2020, passed by the House and Senate and expected to be signed by the President includes a five-year, $25 billion annual extension of the New Markets Tax Credit (NMTC), the largest extension in the history of the Credit. This allocation will go far to deliver resources to low-income and marginalized communities, creating jobs, increasing economic opportunity and improving lives at a time when the economic frailty of our underserved communities has never been more apparent.

Nov 20 2020

Olean URA Transfers Keys to Manny Hanny

OLEAN — A new owner and a new name are giving 101-107 N. Union St. a new lease on life. City Urban Renewal Agency officials hosted a ceremonial key exchange on Thursday for the buildings, now dubbed First National by new owners Savarino Companies of Buffalo. “Olean has lived for over 25 years with an abandoned building in the center of our city,” said Mayor Bill Aiello. “And, today, as we pass these keys to Savarino Companies we look to the future and imagine a corner that is once again full of energy and activity.”

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