MEDCO Services
As a trusted collaborator, MEDCO is dedicated to providing our partners with well-rounded services that streamline and support their development projects. From project and asset management to financing and construction, MEDCO offers an integrated method of development and often provides simultaneous services to meet various needs within a project. When partnering with MEDCO, your initiative benefits from a comprehensive approach and an expert team that transforms visions into well-executed projects.
MEDCO’s services assist a diverse range of public-purpose and economic development projects such as student housing, headquarters development, human and social services facilities, critical infrastructure, tourism development, multi-tenant structures and innovation districts.
Finance
MEDCO’s established prominence in finance and investment-grade bond ratings enables partners to secure funding for a wide range of project requirements. With decades of steadfast financial health, MEDCO remains a dependable lending partner, providing stability and credibility. As a result, MEDCO’s partners can confidently access valuable financial resources to support land acquisition, infrastructure construction, and other development needs.
MEDCO provides secure funding through:
- Bond Financing: As a bond issuing authority, MEDCO is a conduit to the tax-exempt and taxable bond market, which they use to channel funds to eligible borrowers. In some instances, MEDCO acts as the leaseholder and collects lease payments to settle the project expense and debt.
- Tax Increment Financing (TIF): MEDCO supports placemaking ventures – such as cultural site preservation, infrastructure construction, transit projects, environmental remediation and more – through bonds backed by tax increment financing. TIF bonds are reimbursed using the additional property tax revenue generated by the projects they fund.
Construction and Development Management
MEDCO offers turnkey solutions tailored for development and construction projects. From initial inception to final project delivery, MEDCO actively and efficiently coordinates all aspects of the construction process and offers unparalleled support at each step. MEDCO engages and oversees:
- Planning
- Design
- Engineering
- Real estate development
- Project delivery
Asset Management
Once economic development projects are complete, MEDCO extends its commitment by managing properties that the corporation owns on its partners’ behalf. Acting as a leaseholder and supervisor, MEDCO supports projects through critical post-build phases. Through this service, MEDCO strives to realize the full potential of each community project. MEDCO manages assets by:
- Acting as the leaseholder
- Managing tenant needs
- Contracting day-to-day operation managers
Advisory Services
MEDCO fosters connections between partners and trusted, experienced consultants. These consultations play a crucial role in guiding projects, offering support, assessing feasibility, facilitating comprehensive stakeholder discussions, and preemptively identifying challenges. Established over decades of collaboration, MEDCO’s extensive network spans architecture, policy, technology and beyond.
Contact MEDCO
How can MEDCO’s services bolster your next project? Contact MEDCO to learn more.