News

Economic Development Partners Announce Major Revitalization Project in Fulton, Mississippi

January 28, 2017

Coiled copper

Enhanced Community Development, a subsidiary of Enhanced Capital, Wells Fargo and Three Rivers Community Development Entity announced today that they are helping finance the expansion of Mueller Copper Tube.

Mueller Copper Tube is a subsidiary of Mueller Industries, a global manufacturer and distributor of premium quality copper tube and pipe for plumbing, air conditioning, refrigeration, medical gas and other applications. Mueller is using the financing to purchase equipment and expand its existing production facility in Fulton.

 

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Spot On Networks announces new community-wide WiFi network in country’s largest affordable housing development

December 28, 2016

Son-logo (002)

Through the state of Connecticut’s Invest CT program, Enhanced Capital has provided private growth capital to a variety of Connecticut-based businesses. One of those companies, Spot On Networks, recently announced an exciting project.

The project, Queensbridge Connected, will bridge a major digital divide as the largest affordable housing, community-wide WiFi network in the United States. Spot On Networks, a managed wireless service provider headquartered in New Haven, Connecticut, recently turned on the new network at the Queensbridge housing complex, in Long Island City, New York, which includes more than 3,000 units in 95 buildings with 7,000 residents.

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Enhanced Capital supports re-opening of historic Bristow Tower in New Orleans

December 20, 2016

Alder

Enhanced Capital recently helped support the renovation of a vacant, historic 10-story tower in New Orleans. Built in 1964, Bristow Tower sits on the campus of Ochsner Baptist and once provided housing for hospital employees. The building is on the National Register of Historic Places. However, it has sat mostly empty since 1995; the few ground-level offices used after then were wiped out by Hurricane Katrina.

 

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Enhanced helps finance massive historic rehabilitation project in Savannah

December 12, 2016

Kessler

Enhanced Capital is pleased to have a role in one of the biggest private developments in the history of Savannah, Georgia.

The new Plant Riverside District is expected to bring as many as 700 new jobs to the city while transforming an old power plant into a modern-day mixed-use development. Enhanced helped the development team realize value from state historic rehabilitation tax credits, which helped finance the project.

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