HOPE VI Revitalization
UNIVERSITY
PLACE

Development Team

Integration of Redevelopment Strategies

 Target
Development
Area

University Place
 Development Program
 4 Phases of Development
 I - Sr. Housing 118
 II - Multi-family 151
 III – Multi-family 136
 For-sale housing 56
 TOTAL UNITS 461

University Place
 Development Budgets
 I - Sr. Housing $13.6MM
 II - Multi-family $21.3MM
 III – Multi-family $19.8MM
 For-sale housing $12.1MM
 Site/Public Imprvt. $16.3MM
 _________________________
 TOTAL DEV. COST $83.1MM

University Place Senior Building

University Place Senior Building