Celadon at 9th & Broadway is a mixed-use project that provides 250 units of affordable housing plus commercial space in downtown San Diego. The affordable units are targeted to a range of age groups and housing needs. It is notable for its complex arrangement for financing the affordable units, since it was the first project in the state of California to stack two low-income housing tax credit (LIHTC) allocations into one building. Celadon also incorporates a number of sustainable features, including a rooftop eco-garden, solar photovoltaic walls, and a solar hot water system. The project opened for occupancy in May 2015 and is certified Gold under the Leadership in Energy and Environmental Design (LEED) program.
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.
Originally built in 1964, 680 Folsom Street is 14-story office building with 468,783 square feet of rentable space that has been completely renovated and seismically retrofitted, and was reopened in January 2014. The building is the principal structure in a three-building complex that includes an adjacent three-story office building and a two-story retail/office building, both also renovated as part of the overall project acquisition and development plan. Renovation of 680 Folsom involved removal and replacement of nearly everything in the building except the steel frame. Also, two floors were added, as were four horizontal additions. The building complex was sold during construction to Boston Properties, a major real estate investment trust (REIT).
