PRESENTATION
Development Site 1: Mixed-use residential and commercial project
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This chapter details the proposed development for Site 1, focusing on its mixed-use nature and unique homeownership component.
- The site will feature a new mixed-use residential and ground floor commercial development
- The project is planned as a homeownership project, including affordable homeownership units
- It offers a unique opportunity for affordable homeownership in the area
- The development will include 23 accessory parking spaces
Jaclyn Scarinci
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The development site 1 is proposed for a new mixed use residential and ground floor commercial development.
0:21:08
As the council member stated, we are doing this project as a homeownership project.
0:21:16
And the NIH component will also be affordable homeownership, which is somewhat unique because most projects and new NIH products are being built as rental projects.
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So this presents as a unique opportunity to provide housing and 50 well, there's still community board preference for units for community board 1 to to have a homeownership opportunity.
0:21:45
And we also are providing 23 accessory parking spaces for development site too moving to the next slide.
