Community Benefits by Design
TM
Our Approach
Real estate is an amazing wealth generator— the surest way to build prosperity in under-resourced communities has been denied across generations. With our extensive background in real estate and community development, complex financing, creative placemaking and small business support, we operate as a “powerhouse CDC,” sourcing internal deals and providing back-of-house advisory and capacity services to organizations, municipalities, philanthropies, and the healthcare industry, working to transform neighborhoods through workforce, small business incubation, and cultural programs.
Our projects, partnerships, and programming rise to the magnitude of the existing needs and challenges, which requires disrupting legacy paradigms, and reimagining the possibilities of neighborhood futures. Our goal is to solve for a multiple bottom-line: positive return on investment, high sustainable practices, and tangible, long-term benefits to the community that create jobs, stimulate the economy and enhance cultural vitality. We call this approach Community Benefits by Design.
TM
Current Projects
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Vision 980
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San Diego Energy Equity Campus
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Philadelphia Chinatown Development Corporation
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Little Manilla Rising
OUR EXPERIENCE - FINANCING
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New Markets tax credits
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Historic Tax Credits
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Tax-exempt bonds
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HOME
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Low-income housing tax credits (state and federal)
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Real Estate Investment Trusts
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Private equity and debt
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CDBG
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Inclusionary and linkage programs for housing and jobs
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Affordable housing trust funds
CLIENT/PARTNER HISTORY
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City governments
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Philanthropy
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Housing Authorities
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Private equity fund with triple bottom line
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For-profit, market-rate real estate developers
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State housing finance agencies
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Redevelopment agencies
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State highway authority
Our experience - Development
SF-Bay area / Boston area / Greater DC area
SF
SF BAY AREA
California Hotel
$39M
Mixed-use, Residential
and Commercial
Jack London Gateway Senior
Housing and Shopping Center
$27M
Residential and commercial
Lillie Mae Jones Plaza
$4.5M
Residential
Preservation Park
$7.4M
Office
Swan’s Marketplace
$16M
Mixed-use, Retail, Office
B
BOSTON AREA
The Metropolitan
$89M
Housing, Retail, Office,
Parking, Park
One Greenway
$130M
Housing, Retail, Office,
Parking, Park
DC
GREATER DC AREA
City Center, DC
$700M
Housing, Retail, Office, Hotel
The Residences
$28M
Multifamily, Retail
The Heights, DC
$26M
Multifamily, Retail
The VUE, DC
$30M
Multifamily, Retail
Past proposals
1 Lake Merritt Blvd.
Revitalization and Signature Art Museum Hotel Development