February 23, 2012
Edge Business Solutions dedicates its work performed on the PBS39 at SteelStacks project in Loving Memory of Lynette T. Rooks.
September 13th, 2011
On the September 9th, 2011, PBS39 Public Media and Education Center held its VIP Grand Opening at the new facility located on the SteelStacks campus in Bethlehem, PA. Edge Business Solutions has been integrally involved in this project since November 2009. Edge Business Solutions’ role was to pull together majority of the financing for this project. This included Conventional Financing; New Markets Tax Credits (NMTCs); the Commonwealth of Pennsylvania’s Redevelopment Assistance Capital Program (RACP); local grants; and various other sources. Additionally, Edge Business Solutions managed the Information Technology portion of the project. Edge Business Solutions continues to be involved in the wrap up phase of the project which includes ensuring that all systems are in place for compliance of the various financing sources.
Edge Business Solutions has dedicated the work performed on this project In Loving Memory of Lynette T. Rooks, the devoted mother of Célene B. Hadeed, President of Edge Business Solutions. Célene’s mother taught her about tenacity, respect and accountability which are all important qualities on projects.
We would also like to take this opportunity to thank several individuals that helped Edge Business Solutions make this project successful:
- Tim Fallon, Project Director of PBS39 at SteelStacks.
- David Kepler, Executive Vice President of Univest National Bank & Trust Co.
- Melanie Fluck, Project Assistant at Alvin H. Butz.
- John Meusel, Project Manager at The Systems Group.
- Philip Fiore, Assistant Director of MIS at CLIU 21.
- Mike Russell, Director, Architecture at URS Corporation.
- Scott Muller, Executive Vice President of Gilmore & Associates
- Debbie Haas, Account Executive at The Woodring-Roberts Corp.
- En Jung Kim, Vice President at JPMorgan Chase Bank.
- Neil Freeman, President of Urban Development Fund.
- Marie Bibbs, Executive Vice President of City First Bank of D.C.
- Cindy Bartera, Paralegal at City of Bethlehem
For more information about Edge Business Solutions, please visit our website at www.edgebizsol.com
Edge Business Solutions Welcomes Charles R. Sander to our team
June 13th, 2011
Charles R. Sander has joined Edge Business Solutions as a Managing Consultant. Charles has over twenty years of professional experience in project management, team integration, statistical process control, process modeling and simulation, and plant design. He is a Six Sigma Master Black Belt and an expert in statistical process control, process modeling and simulation, and plant design. Charles has worked extensively with NASA’s manned space flight program and on several international capital construction programs. Charles has a B.S. and M.S. in Chemical Engineering and an M.B.A. from Lehigh University.
For more information about Edge Business Solutions, please visit www.edgebizsol.com or email info@edgebizsol.com
Edge Business Solutions closes New Markets Tax Credits transaction for PBS39 at SteelStacks
December 22, 2010
Christmas comes a few days early in Bethlehem, Pennsylvania for some of us. On December 21st, Edge Business Solutions closed over $21.5MM of tax allocation under New Markets Tax Credits for PBS39. Edge Business Solutions started working on this financial portion of the project in November 2009, and after fourteen months of pulling all the pieces together, the project is now fully funded. This transaction also included securing several million dollars of conventional financing with a local bank.
Primarily, Edge Business Solutions’ role was to generate the project information document that was a important aspect for the investors to review in order to determine if the project was feasible for New Markets Tax Credits; compile and manage all of the internal information needed for the financial models; track all budget revenues and expenses; generate 10 year projections with detailed revenue and expense assumptions; secure conventional financing; ensure that the general ledger was accurate based on the transaction; obtain the necessary insurance needed for the investors; and coordinate the necessary legal documents needed for the transaction.
Edge Business Solutions will continue to work on this project through completion scheduled for June 2011. This includes ensuring that all systems are in place for compliance for the New Markets Tax Credits, Redevelopment Assistance Capital Program from the Commonwealth of Pennsylvania, and local grants provided. Additionally, Edge Business Solutions will be providing project management services for the information technology portion of the project.
For more information about the PBS39 at SteelStacks project, please visit www.pbs39atsteelstacks.org
Construction has begun on the new PBS39 Public Media and Education Center at SteelStacks
September 14, 2011
Today marks another major milestone for Edge Business Solutions and the PBS39 project. This morning, Alvin H. Butz (Construction Managers on this project) started moving dirt for the new PBS39 Public Media and Education Center at SteelStacks. The new building is expected to be ready for occupation in June 2011, just a few short months away.
The PBS39 at SteelStacks project is being undertaken by PBS39 Foundation and the Lehigh Valley Public Telecommunications Corporation to construct a $17MM Public Media and Education Center on the redeveloped Bethlehem Plant of the former Bethlehem Steel Corporation. This site is the nation’s largest Brownfield, located in a severely economically distressed census tract in Bethlehem, Pennsylvania.
Edge Business Solutions has been engaged with this project since November 2009 as a financial consultant. It has been responsible for preparing the credit package for review by financial institutions, obtaining the bridge financing, creating financial models, and designing and implementing the tracking methodologies for the financial portion of the project.
Edge Business Solutions celebrates a great day with one of its projects
June 12, 2010
On June 11th, PBS39 held its kick off celebration for the PBS39 Public Media and Education Center. Several dignitaries attended the event to support the PBS39 at SteelStacks project. The PBS39 at SteelStacks project is being undertaken by PBS39 Foundation and the Lehigh Valley Public Telecommunications Corporation to construct a $17MM Public Media and Education Center on the redeveloped Bethlehem Plant of the former Bethlehem Steel Corporation. This site is the nation’s largest Brownfield, located in a severely economically distressed census tract in Bethlehem, Pennsylvania.
The Public Media and Education Center will be the new home of the regional PBS affiliate, PBS39 (aka Lehigh Valley Public Television). The station will feature a 100 seat television studio to host live community discussions and forums, both on and off air. These forums will bring in people from the Low Income Communities to allow for more open exchange of ideas and opportunities for outreach and education. The new Public Media and Education Center will provide PBS39 the opportunity to expand its educational outreach, enhance the cultural offerings in the SteelStacks Campus, relocate (and add) jobs to the Bethlehem Keystone Innovation Zone, and attract new entities to do business in this highly distressed economic area.
Edge Business Solutions has been engaged with this project since November 2009 as a financial consultant. It has been responsible for preparing the credit package for review by financial institutions, obtaining the bridge financing, creating financial models, and designing and implementing the tracking methodologies for the financial portion of the project.
For more information about this project, please click on the link below.
http://www.mcall.com/news/local/bethlehem/mc-bethlehem-pbs-39-20100611,0,4413880.story
Edge Business Solutions Launches Corporate Website
April 12, 2010
Edge Business Solutions is proud to announce the launch of their brand-new corporate website.
Designed to educate and inform clients, the website will showcase the latest news, products and solutions offered by Edge Business Solutions.
Edge Business Solution’s new web site offers features, resources and tools to provide both clients and potential clients with a professional online experience that’s both intuitive and practical. The design provides up-to-date content, along with the latest news and links to partner and client sites.
The website is built upon a content management system to publish current information easily and frequently. By building a savvy, state-of-the-art web site, Edge Business Consulting is able to provide relevant content – at the speed of business.
The site was designed and is being maintained by Strategictek, a full-service web design and development firm in Boca Raton, Florida.
Please visit www.edgebizsol.com to learn more about Edge Business Solutions, along with contact information and much more!
Edge Business Solutions signs Representative’s Agreement with Intelligent Life.
Edge Business Solution is pleased to announce its partnership with Intelligent Life Smart Insurance Systems to deliver a direct marketing solution for the sale of insurance products. Edge will represent Intelligent Life in the Caribbean, Guyana and Suriname. About Intelligent Life Smart Insurance Systems:
Intelligent Life is a smart insurance website designed to enable customers to buy a range of life insurance products instantly online.
On arrival at the Intelligent Life website, applicants are met with a simplified user interface that leads them step by step through the buying process. The process steers the applicant through a quotation, market price comparison, typical health and lifestyle questions, underwriting assessment and approval. The applicant is able to review a draft version of their customized policy online before completing an online declaration and payment. The entire process is entirely paperless and can be completed in 5 to 10 minutes, after which the customized policy document is automatically emailed.
A key feature of the platform is its electronic underwriting rules engine, accepting around 70% of applicants online through a full underwriting approach. The underwriting rules have been approved by a global reinsurer and can be adapted to the needs and nuances of each region in which Intelligent Life has been licensed.
The system automatically takes care of all customer email correspondence and provides administrator functions for underwriting workflow, and functionality to manage affiliates and partners.
Contact Edge Business Solutions to learn more about Intelligent Life Smart Insurance Systems.