Melrose Homes Redevelopment
Melrose Homes Redevelopment
Melrose Homes Redevelopment
2019 LIHTC Award (4%)
The Melrose Homes redevelopment involves the acquisition and rehabilitation of 200 public housing units at six different sites in Gainesville, GA. Park Terrace served as a tax credit consultant to the owner, a joint venture of the Gainesville Housing Authority and Collaborative Housing Solutions. The development includes LIHTC, NHTF, RAD, and tax-exempt bond financing.
Claflin School*
Melrose Homes Redevelopment
Melrose Homes Redevelopment
2017 LIHTC Award (9%)
Historic preservation adaptive re-use of National Register school buildings built in 1921 and 1948, with additional new construction, totaling 44 units in Columbus, GA. Financed with federal and state LIHTCs and historic tax credits, and structured without any permanent debt. Developed in partnership with local nonprofit and ground lease with city.
Swift Creek Apartments*
Melrose Homes Redevelopment
Swift Creek Apartments*
2016 LIHTC Award (4%)
Swift Creek Apartments is a 60-unit affordable housing community consisting of new construction just outside of Decatur, GA. The project is financed with Low Income Housing Tax Credits (federal and state) and tax-exempt mortgage financing.
Park West Apartments*
Harbor Square Apartments*
Swift Creek Apartments*
2016 LIHTC Award (4%)
Park West Apartments is a 71-unit affordable housing community consisting of new construction in Snellville, GA, and was the first of its kind in the market. The project is financed with Low Income Housing Tax Credits (federal and state) and tax-exempt mortgage financing.
Sumter Street Station*
Harbor Square Apartments*
Harbor Square Apartments*
2015 LIHTC Award (9%)
The Sumter Street Station project is a 62-unit affordable housing community consisting of new construction on a downtown infill site in Eatonton, GA. The project was financed entirely through competitive Low-Income Housing Tax Credits, with no permanent debt. This project involved extensive coordination with the local community and city government and was designed to complement the existing historic downtown.
Harbor Square Apartments*
Harbor Square Apartments*
Harbor Square Apartments*
2014 LIHTC Award (4%)
The Harbor Square Apartments project involved the acquisition and rehabilitation of 340 units of affordable housing across three sites in Hinesville, Georgia, with 100% Section 8 PBRA. The project includes both tax-exempt bond, HUD 221(d)4 and 4% LIHTC financing. Total project size is 327,000 square feet and total development cost is over $32 million.
South Georgia State College Dining Hall and Bookstore*
South Georgia State College Dining Hall and Bookstore*
South Georgia State College Dining Hall and Bookstore*
December 2009 – August 2011
A renovation and expansion of the original, historic campus dining hall on the campus of South Georgia State College in Douglas, GA. Included both commercial kitchen and retail space design, construction and FF&E.
The Residences at Five Points*
South Georgia State College Dining Hall and Bookstore*
South Georgia State College Dining Hall and Bookstore*
October 2008 – December 2010
A 264-unit, market-rate multifamily community in Valdosta, GA. Designed to be the top-tier apartment community for student, conventional and military target markets. Included solar photovoltaic component and HUD 221(d)4 financing.
South Georgia State College Tiger Village Phase II*
South Georgia State College Dining Hall and Bookstore*
Georgia Residence Hall at Valdosta State University*
October 2008 – August 2010
A 252-bed, 91,924 sf residence hall on the campus of South Georgia College in Douglas, GA. Four story wood frame construction with dining hall, campus mail center and office space on bottom floor.
Georgia Residence Hall at Valdosta State University*
Hopper Residence Hall and Dining Hall at Valdosta State University*
Georgia Residence Hall at Valdosta State University*
January 2007 – August 2009
A 493-bed, 138,724 sf residence hall on the campus of Valdosta State University in Valdosta, GA. Six story block and plank construction with office space.
Reade Residence Hall at Valdosta State University*
Hopper Residence Hall and Dining Hall at Valdosta State University*
Hopper Residence Hall and Dining Hall at Valdosta State University*
January 2007 – August 2009
A 93-bed, 23,000 sf renovation on the campus of Valdosta State University in Valdosta, GA. Historic renovation of one of the college’s oldest residence halls, which quickly became one of the most-requested residence halls after renovation.
Hopper Residence Hall and Dining Hall at Valdosta State University*
Hopper Residence Hall and Dining Hall at Valdosta State University*
Hopper Residence Hall and Dining Hall at Valdosta State University*
January 2007 – August 2008A 514-bed, 157,354 sf residence hall and dining hall with campus offices and mailroom at Valdosta State University in Valdosta, GA.