Once a grand hotel that welcomed guests to the 1904 Louisiana Purchase Exposition, the 13-story Hotel Jefferson in St. Louis, MO, has sat vacant for several years since 2006.  The Jefferson Arms project will bring new life to this historic landmark, converting it into a 225-key hotel, 235 residential units, and commercial space.

To support the revitalization efforts, Enhanced Capital provided a construction loan, a bridge loan, Missouri Historic Tax Credits, and PACE financing.  The project is helping to reinvigorate a key corridor of downtown St. Louis, and is expected to deliver significant economic impact, including approximately 350 permanent jobs and 1,500 direct and indirect construction jobs between the hotel, residence, retail, and restaurants.