St. Hilda’s Towers Inc. underwent a deep energy efficiency retrofit to improve the property’s efficiency, resilience, and affordability—and did so in a cost-effective, replicable manner for other high-rise multifamily assets in cold-weather climates. The project investment history is unique in that the owner had limited reserves and did not contribute to the retrofit at the […]
Summary of Wyandanch Village Wyandanch Village is a 40-acre, community-led redevelopment project designed as a comprehensive, “smart growth” transit-oriented development (TOD) located in the hamlet of Wyandanch, a historically underserved community within the town of Babylon, in New York’s Suffolk County, located on Long Island. This comprehensive, multiphase, mixed-use, mixed-income project was made possible by […]
Located in the Mission Bay South neighborhood, 1180 Fourth Street is a 150-unit affordable housing development in San Francisco. Anchored by a University of California, San Francisco, research campus and medical center, the mixed-income, mixed-use area is rapidly evolving. In addition to establishing an architectural identity for the neighborhood, this walkable and transit-oriented development advances long-term health and stability, family housing, and sustainability.
Originally built in 1948, Regent Park is undergoing a decades-long redevelopment from low-income public housing to a mixed-income neighborhood with a focus on community health, economic development, and relocation supports.
The impetus for redevelopment began 25 years ago, stemming both from residents who demanded neighborhood improvements and from the foresight of the Toronto Community Housing Corporation (TCHC), which also recognized the growing need for significant repairs. TCHC is leading the transformation—expected to be complete around 2030—and has prioritized health-promoting features such as parks, athletic grounds, a community center, and the area’s first supermarket. TCHC has also ensured that all original residents have the right to return to Regent Park and that they will be rehoused in an appropriate replacement unit.
High Point is a 129-acre (52 ha) mixed-income redevelopment project in Seattle focused on resident well-being and an enhanced quality of life in the surrounding area.
Health-promoting features at High Point include a community clinic, pedestrian-friendly design, and homes designed to reduce the risk and severity of asthma.
The historic Hahne & Co. building was redeveloped by a joint venture between affiliates of L+M Development Partners Inc., Prudential, and Goldman Sachs from a once grand but vacant department store into a lively mixed-use development in the heart of downtown Newark, New Jersey.
Jolene’s First Cousin is a two-story, 6,600 square foot retail and residential building in Portland, Oregon with three small retail spaces, two one-bedroom apartments, and 13 bedrooms leased to a transitional housing service provider. Its equity investors, both accredited and unaccredited, accepted a lower current return in order to contribute to the building’s social mission.
This 44-unit rehab, financed by three mission-driven lenders, preserved workforce-affordable homes, reduced crime in the neighborhood—and meets nearly all of its annual electric demand via on-site solar.
Wiley H. Bates High School in Annapolis, Maryland, a cultural landmark that sat vacant for more than 20 years, has been reinvented as Wiley H. Bates Heritage Park, a development incorporating housing for low-income seniors, community services for seniors and young people, and a museum of the school and its community. Bates School, which opened in 1933, was the city’s first freestanding secondary school for African Americans and was named after a local man who was born into slavery and later became one of Annapolis’s wealthiest citizens.
The Anaheim Redevelopment Agency had two primary goals in mind when it sought a public/private partnership to convert a 5.3-acre (2.1 ha) former truck transfer facility along Anaheim Boulevard to housing: 1) the revitalization of vacant, once industrial properties in downtown, and 2) the development of affordable housing. The agency used a competitive request for proposals (RFP) process to select John Laing Homes (JLH) as its partner to develop the site. The homebuilder was chosen in large part because of its creative and innovative designs and its demonstrated ability to work effectively with community leaders. The completed project includes 20 single-family detached homes and homes and 36 townhomes.