The Hidden Cost of Building on a Marginal Development Site
Affordable housing is often relegated to marginal development sites, frequently with environmental issues, adding to the cost and time associated with development. Indeed, the developer and the future residents of these projects will ultimately pay for remediation, which is no way of incentivizing much-needed development.
From the piece:
“During a Feb. 7 Citizen Advisory Committee South St. Petersburg Community Redevelopment Area (CRA) meeting, City Architect Raul Quintana informed the committee members the soil contamination was discovered through sampling, and they are now working with the DEP (Department of Environmental Protection) on the removal process. Soil contamination is commonly found at industrial sites.
A dry-cleaning business and metalworks building once operated at the location.”
A link to the piece is found here
Check Out More Affordable Housing News
About the Author
Jeff Carroll is a trusted leader in workforce and affordable housing who has spent his career building communities that balance efficiency, affordability, and long term stability. He leads Allen & Associates Consulting and helped launch the Workforce Housing Development Corporation, guiding projects that use innovative construction methods and mission aligned financing. With thousands of consulting assignments completed nationwide and degrees from Clemson and Harvard, Jeff brings deep technical insight and steady strategic vision to every project he supports.
This post highlights the grand opening of Buchanan’s Crossing, a fully accessible mixed income community serving veterans and seniors in Kansas City, Kansas. Project sponsors, city leaders, lenders, investors, future residents, and the construction team gathered to celebrate the completion of the first phase. The development will ultimately include forty two and three bedroom duplex units and required a major off site sanitary sewer improvement, including a one hundred forty four foot bridge that supports utilities for the project and future growth in the area. Jeff Carroll and Bob Hughes addressed attendees before the ribbon cutting and walk through, marking an important milestone for the community.