Government of Puerto Rico Support
Phase: IRWA 1, IRWA 2, Mission Assignment
Strategic Initiative(s) Alignment: Support and Collaboration
Type: Support/Coordination
Year(s): 2017, 2018, 2019, 2020, 2021
An additional 700k EDA investment was provided in 2021 to fund the 2018 renovation project of two vacant warehouse buildings to provide space for entrepreneurs in the creative industry in San Juan, Puerto Rico. The project includes cleaning, removal of materials, partial demolition, improvements to electrical infrastructure, mechanics, improvements to facade, interiors, signage, landscape, and public space. The renovation will create multi-use office spaces, manufacturing, and commercial space for several companies in the area. Completion of the project will attract private investments, create jobs, and diversify the local economy.