Arctaris Annual Impact Report: Leveraging Public-Private Partnerships to Amplify Impact


The Flagship Complex, LLC is a redevelopment property which includes approximately 64,000 s/f of commercial space including a food hall, retail grocery store space and 28 market-rate multifamily rental units.

Impact Thesis

This mixed-use downtown revitalization project aims to increase quality of life for residents in one of the poorest zip codes in the U.S with a 26.4% poverty rate and a designation by the USDA as a certified food desert. Flagship will create downtown Erie’s first full-service grocery store in decades – Whole Foods Co-Op, which serves a variety of budgets and offers all employees a living wage. Five out of seven of the Food Hall vendors will be women or minority-owned and all vendors understand what constitutes feasible products and price points for the community. The Project is expected to create 110-135 full-time jobs, and the developer is a certified MBE.

Status Active
Year 2021
Location Erie, PA

Other Portfolio Companies

The Eddy at Grand Junction

The Eddy at Grand Junction is a multi-family/campsite project with 96 units of residential workforce...
Read More

Specialized Construction Incorporated

Specialized Construction Incorporated (SCI) is a 60-year-old asphalt paving, repair, and maintenan...
Read More

S&K Holdings

S&K is a minority-owned home healthcare company formed in 1996 that provides personal care servi...
Read More