Housing Developments and Resiliency Projects Surge in Cityscapes
The urban landscape is witnessing substantial changes as construction projects across various cities are set to redefine living spaces and enhance infrastructure resilience. One notable shift is the move to affordable housing at 860 West San Carlos Street in San Jose, transitioning a planned market-rate apartment complex to entirely affordable units, a change driven by financial incentives like state bonds and tax credits. This site aims to foster a 272-unit infill, supported by the City of San Jose and anticipated to be the final phase of a $400 million residential development.
Meanwhile, in Lincoln Park, a former CVS store at the intersection of Lincoln Avenue, Armitage Avenue, and Sedgwick Street is being replaced by a new structure featuring six condominiums, two retail spaces, and ample amenities like balconies, rooftop access, and bicycle storage. Demolition is underway, with site preparations expected to begin shortly.
The El Cerrito Plaza transit-oriented development (TOD) received a colossal $39 million in state funding. This financial injection will kick-start the construction of the first affordable building of a much larger project that will introduce 743 apartments distributed across six buildings. With planning permission secured and tax revenues forecasted, the development team aims to start construction on all buildings by 2027, targeting a completion date as early as 2029.
In Lower Manhattan, the South Battery Park City Resiliency Project, a comprehensive flood risk management initiative, is moving forward. The undertaking includes a refurbished Robert Wagner Park Pavilion and sustainable features to obtain the ILFI Net-Zero Carbon Certification, with a completion set for mid-2025. This project additionally became the 13th nationally to achieve the Waterfront Edge Design Guidelines verification.
Lastly, Woodlawn has issued a construction permit for a new 2-story residential building at 6513 South Langley Avenue. This building will contribute two units to the area and lie just steps from the Cottage Grove CTA Station, served by the Green Line.
Interested in the finer details of these transformative projects molding our urban environments? Keep an eye on the skyline, as these ventures forge future communities and fortify cities against the challenges of tomorrow.
- The transition to affordable housing at 860 West San Carlos in San Jose signifies growing focus on accessibility.
- State funding boosts kick-start pivotal developments, evidenced by the $39 million for El Cerrito Plaza.
- Resiliency projects like the South Battery Park City initiative highlight a commitment to sustainable urban planning.
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Important Players
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George Avalos
Journalist reporting on significant development changes, influential in publicizing key urban construction projects.
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Holliday Development
Leading the plans for the El Cerrito Plaza TOD, influential in shaping urban spaces.
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Hugh L. Carey Battery Park City Authority
Spearheading the South Battery Park City Resiliency Project, pivotal in urban flood protection initiatives.
Potentials
- Growth of affordable housing projects may open up new market segments.
- State funding and tax credits could lead to more rapid development cycles.
- Rising demand for sustainable and resilient infrastructure could drive innovation.
Risks
- Increasing costs of construction materials may hinder project profitability.
- Changing zoning laws could delay project approvals and timelines.
- Market volatility may affect the financing of affordable housing and infrastructure projects.
Regulations
- New building codes targeting energy efficiency and sustainability in construction.
- Streamlined ministrial review processes for certain types of developments as protected by state laws such as Senate Bill 35.