Durham awards PPP concession mixed use development at two sites

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Housing Authority of the City of Durham (DHA) in North Carolina, USA has selected Durham Community Partners for redevelopment of two mixed-use, mixed-income sites in the city. Durham Community Partners is a joint venture development team comprised of F7 International Development, Greystone Affordable Development, and Gilbane Development Company. This JV will deliver over 1,000 units of affordable, mixed-income units, a 468-space parking garage, a 42,000 square foot office building, and a 20,000 square foot retail parcel across two sites.

The development plan for the DHA Office and Criminal Justice Resource Center (CJRC) site (Main Street Site), located at 330 East Main Street and 326 East Main Street, is to – alongside Gilbane Building Company – construct a 258-unit affordable, mixed-income residential building and to demolish an existing parking deck, replacing it with a 6-story, 468-space parking garage for the entire site. In addition, the development plan includes a newly constructed three-story, 42,000 sqft stand-alone office building adjacent to the CJRC site.

The Fayette Place site is a 19.8-acre property that is vacant land currently owned by DHA. The development plan includes the creation of 774 affordable, mixed-income units spread over four building types – garden style walk-ups, an irregular-shaped building with structured parking, East and West L-shaped buildings, and a North L-shaped building. The North L-shaped parcel may alternatively be designed to provide a less dense residential community providing homeownership units and smaller pocket park/green space for homeowners. The site also includes a 20,000 SF stand-alone retail parcel that fronts Fayetteville Street.  The full build-out of Fayette Place is expected to take place over three phases.

 

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