Menu

http://bostoncommunitycapital.org/sites/default/files/files/pdf/CRE_Enterprise_0.pdf

Revitalization of historic downtown through redevelopment of the Enterprise Building with Trinity Financial

The Enterprise Building, Brockton, Massachusetts

Brockton was once a thriving urban center brimming with opportunity, but over the past decades has suffered from disinvestment. Today, Brockton is identified as a “Gateway City” and BCC is poised to invest in its revitalization. “Putting this deal together required a pretty complicated acquisition strategy. [BCC] was a great partner.” Revitalization of the downtown began with the redevelopment of the Enterprise Building, home of the local paper The Brockton Enterprise. Kenan Bigby of Trinity Financial, BCC’s partner in the project, reports that the redeveloped city block will contain mixed income housing, commercial real estate and spaces for cultural and municipal uses. This dynamic project reflects the aims of BCC; we are committed to supporting dynamic progress in low-income and underserved communities. Says Bigby, “Putting this deal together required a pretty complicated acquisition strategy. It took some vision to understand what we were talking about, and BCC had it. It took a lot of unwinding to get site control, and they worked with us through all of it, providing the acquisition loan that enabled us to secure the site. They’re a great partner.”