High Point

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.

Deal Profile: The Owyhee

The Owyhee is a 139,424 square foot mixed-use building in downtown Boise, Idaho that combines 55,683 square feet of office space, 36 studio and one-bedroom apartments, 23,913 square feet of restaurants and convenience retail, and a ballroom for special events. The building was built in 1910 as a grand hotel, and is fondly remembered by many local residents. Its redevelopment included the first newly built apartments in downtown Boise in decades, and established that a market existed for luxury apartments and creative office space. Many local lenders and investors passed on the Owyhee’s renovation, but out-of-town investors saw its potential both during redevelopment and after completion.

Deal Profile: Sun Crest Heights

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.

Jeonju Hanok Village

Located in the city of Jeonju, about 200 kilometers south of Seoul, South Korea, Jonju Hanok Village is a neighborhood started in the 1910s that grew significantly in the 1930s as an area of affluence. A hanok–also known as a giwajib, or tile-roofed house–with a courtyard was significantly more expensive to build than the then […]

Chimney Pot Park

Located in Salford, an outer suburb of Manchester, Chimney Pot Park is a radical redevelopment of 349 residential units in a troubled terrace-house neighborhood. For years, the community suffered from low demand and declining value, and was plagued by crime and antisocial behavior, absentee landlords and irresponsible tenants, and open back alleys that encouraged neglect and vandalism. With the original housing stock slated for demolition, Urban Splash—a development company renowned for regenerating distressed or problematic sites—drastically reconfigured the internal design and layout of the homes while retaining the original façades and street pattern.


Seattle’s South Lake Union neighborhood was a primarily industrial area in the late 1990s when Vulcan Inc., a real estate development company owned by Microsoft co-founder Paul Allen, envisioned working with the city and the community to redevelop the nearly 60 acres (24 ha) it owned there into a vibrant, sustainable, and pedestrian-oriented urban center. The opening of Vulcan’s flagship 2200 project in November 2006 represents another milestone in South Lake Union’s rapid transformation into a diverse and thriving urban community.

Occupying an entire city block—nearly 2.5 acres (1.0 ha)—at the gateway to South Lake Union, a neighborhood that lies on Lake Union just north of Seattle’s central business district, 2200 represents one of the largest mixed-use developments in downtown Seattle. The $226 million, 455,500-square-foot (42,317 m2) project features 261 condominiums, a 160-room Pan Pacific luxury hotel, a Whole Foods Market, a variety of shops and restaurants, and distinctive works of art. The South Lake Union line of the Seattle Streetcar, which is expected to begin operations in late 2007, will stop directly in front of 2200.

City Market at O

City Market at O is a 3.5-acre development on two city blocks in the heart of Washington, D.C.’s historic Shaw neighborhood. Home to the only grocery store in the neighborhood, the development features multifamily rental housing, senior housing, retail and restaurants, open spaces, and a hotel. In the 19th century, the site accommodated a public market, which City Market at O seeks to emulate. City Market at O blends seamlessly into its walkable neighborhood, giving its residents access to many amenities within the development along with easy access to downtown, nearby restaurants, and the Metro. Through a mix of private and public financing, City Market at O has been able to draw together many different interests in this project, propelling a course of redevelopment in this once-struggling neighborhood. A working partnership with the community during the planning phase helped ensure that the project would properly serve existing neighbors while drawing new residents to both its luxury and affordable housing offerings. The dialogue between developers and neighbors on City Market at O resulted in a new development that reinvigorated a historic neighborhood.

Euclid Avenue Transportation Project

Euclid Avenue in Cleveland has seen many lives, from a one-time “Millionaires’ Row” early in the 20th century to an underused industrial corridor lined with dilapidated buildings. Always a major artery in the region’s transportation network and lined with major regional institutions such as Cleveland State University and University Hospital, this historic main street was recently transformed by a $197 million investment in bus rapid transit (BRT) and special attention to the latest innovations in street design. Today, more than 89 development projects totaling roughly $4.7 billion of investment are completed or in progress along Euclid Avenue, as estimated by the regional transit authority.

Although some projects have been delayed by the recent nationwide downturn, overall the corridor has bucked national trends and as the economy comes back is now poised to again become one of the United States’ great urban boulevards. Cities around the country are now looking to Cleveland as a model for successful BRT thanks to the thoughtful and comprehensive public investment that has leveraged itself many times over in private sector and institutional dollars.


Located at the intersection of Center and south highland avenues in Pittsburgh’s east Liberty neighborhood, phases I and II of EastSide comprise a 5.1-acre (2.0-ha) development that includes retail, restaurant, and office uses, with surface and deck parking. They include 4,724 square feet (439 m²) of office, 112,835 square feet (10,483 m²) of retail, and 472 parking spaces.

Eastside transforms a patchwork of 14.3 acres (5.8 ha) of distressed properties in the heart of Pittsburgh’s east end. The project borrows economic strength from the more affluent adjacent neighborhoods of Shadyside, Friendship, and Highland Park to fuel the redevelopment of East Liberty, a commercial center plagued by decades of decline. Eastside phases I and II are complete, tenanted, and operating. Eastside V opened in July 2011 as a two-level Target store. Eastside III and IV are in planning.

Westfield San Francisco Center

The 1.5 million square- foot (139,355-m²) Westfield San Francisco Center, one of the nation’s largest urban shopping malls, comprises more than 170 specialty stores; two anchor department stores, Bloomingdale’s and Nordstrom; four floors of Class A office space; a gourmet marketplace; and a nine-screen cinema. The $460 million expansion project restores the 1890s-era emporium building to its original grandeur and re-creates what a century ago was San Francisco’s premier retail street.

More than 95 percent leased and occupied, Westfield San Francisco Center has generated $17.5 million in property and sales taxes for the city, created approximately 3,000 new jobs, and drawn more than 25 million visitors per year to the previously underused Market Street area. Among the 172 retailers, almost 47 percent are new to San Francisco, and preexisting San Francisco Shopping Center tenants are reporting a 10 to 15 percent increase in sales since the reopening. After an eight-year development process, Westfield San Francisco Center has become an economic engine for downtown San Francisco, creating connections with nearby Union Square, the city’s established shopping district, and Yerba Buena, a cultural and entertainment area.

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