High=Profile: May 2026 | Page 11

May 2026 High-Profile: Up-Front 11

$ 2.5M in Financing Issued for new Jazz Club and Restaurant in Roxbury

Boston – MassDevelopment has partnered with M & T Bank, The City of Boston, and The Boston Foundation to provide a $ 2,460,000 financing package for Jazz Urbane Cafe LLC, which will use funds to launch a national jazz club and restaurant in Nubian Square in Boston’ s Roxbury neighborhood.
JazzUrbane Cafe is leasing approximately 8,000sf of space on the first floor of the City of Boston-owned Bruce C. Bolling Building at 2300 Washington St. and expects to create 26 new full-time jobs through this project. JazzUrbane Cafe will serve as an urban arts and dining venue that spotlights local and national artists who define and celebrate the diverse cultural traditions that make Boston a unique and global city.
The financing package includes a $ 380,000 equipment loan provided by MassDevelopment as well as a guarantee to enhance the financing package; a $ 1,630,000 in loan financing provided by M & T Bank; $ 450,000 in credit enhancement provided by the City of Boston; and a guarantee provided by The Boston Foundation.
Economic Development Secretary Eric Paley, who serves as chair of MassDevelopment’ s board of directors, said,“ JazzUrbane Cafe will bring a new
The Bruce C. Bolling Building / Photo courtesy of JazzUrbane Cafe
cultural destination to Nubian Square, expanding access to live music while adding to the neighborhood’ s rich artistic tradition.”
“ Boston’ s local businesses create vibrancy and community, and bolster the economy in every neighborhood,” said Boston Mayor Michelle Wu.“ I’ m thrilled to celebrate JazzUrbane’ s opening in Nubian Square as a new hub of music, economic opportunity, and community.”
“ With its location and historic facade, JazzUrbane will help shape the heart of Nubian Square,” said Orlando Watkins, vice president and chief program officer at The Boston Foundation.“ The Boston Foundation, through its Business Equity Fund, is proud to be able to stand in support of the new cafe as part of our ongoing work to bring together the arts, business, cultural, education, housing and community resources that together can form the core of a vibrant and accessible community. Using impact investing, grant making and our other resources, we are excited to partner with our donors to help power JazzUrbane as part of the next era for Boston’ s urban core.”
“ We believe our company will be a force in contributing to how the next iterations of cultural development in Boston will be implemented,” said JazzUrbane Cafe arts director, Bill Banfield.“ The JazzUrbane Cafe is positioned at the center of Nubian, in the heartbeat of the city, where we can serve and uplift the soul of our great city and be a temple for the entire community. Our mission successfully bridges high value arts, food service, innovation and community partnerships.”

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