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Bronx affordable housing megaproject along Sheridan Expressway makes progress

In early 2013, a group of developers announced plans to move forward with the redevelopment of a stretch of industrial buildings along the Sheridan Expressway in the Bronx, into a massive affordable housing complex . Since then, four buildings of a total eight have been built as part of this megaproject. This week, developers filed plans for a fifth building, The Real Deal reports. This new building will be located at 1560 Boone Avenue, stand 16-stories tall, and bring 366 apartments to the neighborhood. The first two buildings that opened at the megaproject in November last year had a total of 237 apartments and were open to New Yorkers making between $28,835 and $52,389 annually. The project, known as Compass Residences, is a collaboration between Monadnock Construction, Signature Urban Properties and GTIS Partners. It will eventually bring over 1, 300 affordable apartments to the Crotona Park East and West Farm neighborhoods , in the Bronx. When it was announced in 2012, plan...

The Next Hot 'Hoods in Pittsburgh - Pittsburgh Magazine - March 2016

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We offer our predictions on communities that will rank among the city's most desirable in 2026. Plus a look at developers who are working to make those visions a reality. February 18, 2016 (page 7 of 7) 8 developers with insight who are rethinking our urban neighborhoods   BY DEBRA SMIT G reat neighborhoods — with ample green space , commerce and good housing stock — empower their residents to grow and prosper. Developers are key when it comes to weaving together the physical threads of a community, particularly in urban neighborhoods frayed by years of blight and decay. These are among the developers who are working to revitalize some of the city’s most challenged neighborhoods, striving to be restorers of streets in which to dwell. All have one eye, certainly, on the bottom line. Still, they are well aware of expectations that they give measured consideration to quality of life in the neighborhoods in which they build.   Wi...

Mid-year economic check: Fort Worth retail, real estate thriving | News

The commercial real estate landscape in Fort Worth is thriving despite some blips in retail due to the changing behavior of shoppers and growing competition. But a bright spot in the Fort Worth retail market is the opening of several new upscale stores in the Clearfork development, including a Tesla auto showroom . Experts offered some insight and predictions on the local commercial real estate market , painting a largely rosy picture of the current landscape at a Business for Breakfast Series session on Aug. 23 sponsored by the Fort Worth Business Press . One of the biggest challenges is the retail industry and it’s a national as well as local situation arising from being “over-stored,” said Steve Coslik, chairman and CEO of the Woodmont Co., the Fort Worth- based property management company that manages about 20 million square feet of retail shopping centers , enclosed shopping malls and outlet centers in 22 states. “Retailers are going through a terrifying challenge righ...

Sunday Notebook: More communities, more homes coming | Jacksonville News, Sports and Entertainment

More homes and yet more homes are going in, with new communities popping up . San Pablo The Silverfield Group of Jacksonville has purchased 21.85 acres at the north end of Pablo Point Drive , nestled in between Pablo Point to the south and Queen’s Harbour to the north. With mostly marsh to the east, it’s about the last bit of buildable land in the immediate area. There, they’re going to put Waterside at San Pablo , a single- family community zoned for up to 42 lots, a minimum of 90-100 feet wide. Home prices are expected to be in the $400s to $600s. Leed Silverfield said the project is still in design and engineering, but they hope to break ground early next year. Builders haven’t been chosen. He said it hasn’t been determined if it will be gated. Silverfield paid $1,175,000 for the property, buying it from the Hodges family. Ponte Vedra A new 23-lot, single- home community is going into Ponte Vedra Beach . EvenTide at 1044 Ponte Vedra Blvd . is being developed by GreenPointe Comm...

Nonprofit to develop affordable housing complex in Phoenix for c - 3TV

PHOENIX (3TV/CBS 5) - Homeless advocates say gaps in affordable housing options continue to be an issue in parts of Arizona, but a local organization is trying to help answer the call with the development of a new complex that also emphasizes energy efficiency . UMOM New Day Centers, based in Phoenix, announced plans to develop a four-story apartment complex called “19 North” that can accommodate up to 54 families in need of affordable housing . The $16 million project will be built on a vacant lot near Morten and 19th avenues in Phoenix, and is expected to be completed in 2019. Michelle Ray knows all too well the impact of having affordable housing options after she hit a rough patch in her life about 9 years ago. She and her 18-month-old daughter needed a place to turn to in the face of limited options , so Ray reached out to UMOM for help. Ray said she doesn’t like to imagine what her life would be like if she didn’t find UMOM and affordable housing . “I know if it wasn’t for ...

'City' living in the 'burbs? Try an aging office park

By Katherine Shaver The Washington Post From the rooftop terrace of their new townhouse, Keisuke and Idalia Yabe take in their suburban Maryland neighborhood : a staid, 1970s- era office park of glass office buildings and concrete parking garages . The Yabes say they have found the advantages of urban living in a shorter commute and the ability to walk to shopping centers and a park. They also have what feels like the best of suburbia -- mature trees, plentiful parking , Bethesda's sought-after schools and a more affordable mortgage. From the Washington and New York suburbs to North Carolina's Research Triangle Park , traditional corporate campuses that have struggled since the Great Recession are trying to transform from sterile worksites into vibrant mini-towns. In addition to housing, they're adding restaurants, grocery stores, playgrounds and outdoor concert spaces -- anything to draw people in and make them want to stay. Although it might sound strange at first, th...

As housing market soars, poorest renters are priced out

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"); } if ($(imageDivId).length == 0) { $("#wrapper").after(contentText); } })(jQuery); BREMERTON, Wash. - Crystal Turner stood in the kitchen of her cramped apartment and stared at the cracks in the fake wood flooring beneath her feet. Surrounding her was the home she'd made for herself and her two sons in the past year, since they moved out of her Toyota Camry and into Admiral Manor, a low- rent apartment complex in west Bremerton . There was the single bedroom with two kids' beds on the floor. The living room she'd decorated with signs that said "Hope" and "Love." A dingy bathroom with a leaking toilet that had never been fixed. In this undated photo, Matthew Daigneault pushes his son Aden as he plays outside on the swings of his rental home in West Bremerton , Wash. (Larry Steagall/Kitsap Sun via AP) © 2017 Cox Media Group . Admiral Manor wasn 't the place Turner, a recovering addict, wanted to raise her boys. It was the place...