McMinnville Hampton Inn

McMinnville,
TN
(2020)

McMinnville Hampton Inn

Business Development, Hotels and Tourism, Retail, Rural

Devlopment of a 74-room Hampton Inn hotel and a 20,000 sq. ft. retail center in the town of McMinnville, TN.

Investment

NMTC Amount: $5,000,000
Total Project Cost: $9,362,000

IMPACT

26 FTE jobs
46 construction jobs
20,000 sq. ft. of real estate

CDEs

Enhanced Capital, River Gorge Capital

Investor

US Bank

Project Description

Enhanced partnered with Hunt Properties GP, a local, minority-owned developer, to develop a 74-room Hampton Inn hotel and a 20,000 sq. ft. retail center in the town of McMinnville, TN. To help support the rural community, Enhanced Capital provided financing for the project through a $5 million federal NMTC allocation.

MAP

Address: 1560 Sparta Road, McMinnville, TN 37110

Census Tract: 47177930600

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