TPP Capital Management Group is a black-led social impact private equity fund manager and healthcare real estate development firm based in Philadelphia, Pennsylvania, USA formed to create impact investment opportunities that build wealth while rebuilding blighted and underserved black neighborhoods within “certified opportunity zones”.
TPP is on a mission to change the face of black health by investing in and transforming as many as five urban blighted and underserved black neighborhoods into integrated and scalable, compact, dense and community, health, and wellness-centric focused districts over the next 10 years. TPP Capital is led by real estate, building design, entitlement, social impact design, food innovation and construction professionals who bring a combined 80 years of experience in the Philadelphia real estate market.
TPP is seeking high-net worth individuals, family offices, foundations, retirement systems, pension funds, endowments, corporations, insurance companies, philanthropists, fund of funds, banks (for CRA credits) and social impact investors to partner and invest in a black-focused initiative to build black health into the architecture of black neighborhoods.
For its first neighborhood transformation, TPP Capital put together a “family of funds” with a $300MM target that will transform three (3) census tracts in Philadelphia County, Philadelphia, Pennsylvania USA adjacent to Temple University Health Science Campus (TUHSC). The partnership is capitalizing on the parcel assembly work conducted by key principals of senior management over the last five years. TPP Capital currently has site control and a pipeline of over Forty-four (44) plus ground-up new construction projects within these “federal certified opportunity zones” which addresses multiple housing and retail needs while driving positive social, environmental, and economic change.
Currently, TPP Capital is offering accredited individual and institutional investors the opportunity for immediate investment in two concurrent opportunity zone funds:
TPP Family of Fund’s has three goals:
This private placement memorandum available through this portal outlines the strategies for executing on these opportunities and the pertinent details regarding investment in TPP Fund securities.
"The time is always right to do what is right."
TPP Capital has identified compelling market opportunities in the three (3) census tracts 42101020101, 42101020102 and 42101017300 adjacent to Temple University Health Sciences Campus (TUHSC) in Philadelphia County, Philadelphia, Pennsylvania USA just three miles north of Center City. Major positive indicators are 1) proximity to Temple University Health Sciences Campus, 2) expanding transit infrastructure, 3) increasing K-12 education options, 4) economic and demographic growth momentum, 5) a politically favorable development environment, and 6) national pressure to build businesses, create in-demand jobs, and increase access to basic services such as primary + specialty care, culinary medicine, healthy food, housing, broadband and education.Demand for housing near workplace:
More than 10,000 people work on or near the Temple University Health Sciences Campus (TUHSC) which spans four city blocks on Broad Street from Allegheny to Venango streets. The campus is home to Temple University Hospital, a teaching hospital; Lewis Katz School of Medicine; School of Pharmacy; Maurice H. Kornberg School of Dentistry; College of Public Health and Shriners Children’s Hospital. Buildings and facilities cover some 20 acres. At present, the surrounding area offers no attractive options for graduate students, moderate- or higher-income employees to live near their workplace.Convenient public transportation:
Existing transit options make it easy for residents to get to and from Center City without a car. The investment area is bookended by two Broad Street Line subway stations: Erie to the North and Allegheny to the South. The Erie station offers express service to Center City. SEPTA's bus routes 4 and 16 serve Broad Street. Two blocks south of the investment area are SEPTA's North Broad Regional Rail station and Amtrak's North Philadelphia station. A New York investment group is planning for a $162M redevelopment project adjacent to North Philadelphia station.Increasing K-12 education options:
In addition to the public elementary school in Tioga (Kenderton K-8), Mastery Charter Schools operates two nearby elementary schools (Grover Cleveland K-8 and new for 2018-19, Mastery Prep K-2), a middle school (Gratz Prep) and a high school (Simon Gratz). Next Generation Ministries operates a private Christian school (Spring Garden Academy PreK-8). A new, $40M Cristo Rey High School was just completed in Tioga at 17th & Allegheny. This independent Catholic school follows a work-study model in which students earn money toward tuition through part-time employment at a partnering business.
The phase I primary five-city square block investment area is roughly bordered by N. Broad St. on the eastern end, Allegheny Ave. on the southern end, N. 18th St. on the western end and W. Erie Ave on the northern end.
"Our proprietary investment strategy is focused on scale, speed and a holistic community impact approach to real estate development."
"Our all-in-one solution will reduce the social determinants of health and disparate burdens of chronic medical conditions, implement critical infrastructure and regional development strategies, and advance bottom-up economics and regional prosperity"
"Leaders become great, not because of their power, but because of their ability to empower others."
TPP Capital, each of the “family of funds” General Partner is currently managed by seasoned real estate, building design, entitlement, social impact design and construction professionals dedicated to the success of the Fund and efficient execution of its planned operations within “certified opportunity zones”.
TPP Capital Management Group, LLC has entered into strategic alliances with top industry professionals and prominent companies, some of which are highlighted here. TPP Capital is seeking additional alliances and partnerships with city government, community groups, economic development groups, educational institutions, nonprofit organizations, businesses and corporations interested in enhancing quality of life in the Tioga neighborhood of North Philadelphia.
Leasing, Property Management & Asset Disposition
Social Impact Measurement
Healthy Town Tioga is a program of the Urban Affairs Coalition
TPP Real Estate Development Fund, LP — Anthony Miles — 30 South 15th Street, 15th Floor, MB 37 — Philadelphia, PA 19102 — (267) 307-7878
Through the TPP Real Estate Development Fund, LP 506(c) Investor Portal, an accredited individual or institutional investor can become approved as a prospect and learn more about our investment opportunity.
Approved prospects can:
When you upgrade to investor, you gain additional access, as follows::