2014 ULI/Butcher Multifamily Housing Forum--Paul Freitag

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Paul Freitag, Managing Director, Development, Jonathan Rose Companies

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2014 ULI/Butcher Multifamily Housing Forum--Paul Freitag

  1. 1. ULI/Carolyn and Preston Butcher Forum on Multifamily Housing January 16, 2014
  2. 2. Jonathan Rose Companies
  3. 3. Jonathan Rose Companies AMP Overview
  4. 4. Jonathan Rose Companies
  5. 5. Jonathan Rose Companies
  6. 6. Jonathan Rose Companies Mayor Nutter Phila2035 Trid Master Plan (by Interface) Temple University
  7. 7. Jonathan Rose Companies Temple Regional Train Station Green Streets Green City, Clean Water
  8. 8. Jonathan Rose Companies GREEN INFRASTRUCTURE & BUILDINGS Paseo Verde TOD
  9. 9. Jonathan Rose Companies Key Project Elements • Demonstration project for TOD and green development Focus on green infrastructure and LEED ND • Not 100% affordable housing Need to include market rate housing in challenging market • Not 100% (undergraduate) student housing • Requirement to include a significant retail/commercial program
  10. 10. Jonathan Rose Companies Q+A
  11. 11. Jonathan Rose Companies Paseo Verde, Philadelphia, PA
  12. 12. Jonathan Rose Companies Lessons Strengths • Location- Location –Location • First Transit Oriented Development in Philadelphia • Political Will • • • • • Community Support Strong partnership: APM/JRCo Public /Private Partnerships and Investments Significant Subsidies from City and State Pre-leased 7,600 square feet of space to a community medical center, 15,000 square feet for office space for APM, 1,500 square feet for a pharmacy.
  13. 13. Jonathan Rose Companies Groundbreaking
  14. 14. Jonathan Rose Companies Paseo Verde, Philadelphia, PA
  15. 15. Jonathan Rose Companies Paseo Verde, Philadelphia, PA
  16. 16. Jonathan Rose Companies Paseo Verde, Philadelphia, PA
  17. 17. Jonathan Rose Companies Paseo Verde, Philadelphia, PA
  18. 18. Jonathan Rose Companies Paseo Verde, Philadelphia, PA
  19. 19. Jonathan Rose Companies Paseo Verde, Philadelphia, PA
  20. 20. Jonathan Rose Companies Paseo Verde, Philadelphia, PA

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