article thumbnail

Father-Daughter Duo Turns Commercial Building Into Affordable Housing

Pro Builder

worked to rehab a vacated property and make it fit for occupancy, and by June, it will be a residential haven for dozens of new tenants In 2020, father-daughter duo Marva Hammond and Charlie Falletta formed the nonprofit Southbridge Community Services and bought a dilapidated building in the Southbridge neighborhood of Wilmington, Del.

article thumbnail

This Father-Daughter Duo Turned an Empty Commercial Building Into Affordable Housing

Pro Builder

At just under 13,000 square feet, the building was fully remodeled for mixed retail and residential use, and in a few weeks, its first tenants from a homeless shelter will move into their new apartment homes, the Delaware News Journal reports. They expect that leases will be signed soon and people will move in beginning in June.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Multifamily Builders Can Benefit From Single-Family Boom

Pro Builder

The submarket’s strong momentum is a function of attractive residential communities that offer suburban retreats with walking and biking trails, resort-style pools, good school districts, and a growing retail base all for home prices buyers can afford. Read More. . Multifamily.

Tampa 52
article thumbnail

Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The Tarpon Point Resort at Marina Village is home to a number of upscale retail shops and restaurants. By the BF Staff From the March/April 2016 Issue. Credit: City of Cape Coral). percent.

Retail 40
article thumbnail

6 guideposts for cities to create equitable transit-oriented developments

BD+C

Multifamily Housing Affordable Housing Office Buildings Retail Centers Shopping Centers Transit Facilities Despite the best efforts of city governments and their transportation departments, transit-oriented-development projects often unintentionally burden existing residents and small businesses in the area.

Austin 95
article thumbnail

Transforming shopping malls into 21st century neighborhoods

BD+C

Marc Asnis, AICP MFPRO+ Blog University Buildings Healthcare Facilities Mixed-Use Apartments Retail Centers Shopping Centers Designers Architects Adaptive Reuse Exterior Restoration Interior Architecture Sustainability Sustainable Development The death of the 20th century shopping mall is evident all across the country.

Austin 105
article thumbnail

Green Building Bonds as a Game Changing New Source of Capital

Green Building Law Update

With 332 retail properties, the REIT''s portfolio encompasses over 43.9 Department of Energy''s Better Buildings Alliance as an inaugural Green Lease Leader, leading the market by incorporating lease clauses that help overcome market barriers and align tenant and property owner interests to save energy in commercial buildings.

Green 120