Co-developers community builders and Hazelwood Initiative Inc.. paved the way for a 51-unit, mostly affordable, mixed-income housing community called Gladstone Residences in Pittsburgh.
The project will transform the former Gladstone School building into a residential community comprising 43 units reserved for tenants earning 60 or less of the area’s median income. Six units will be fully ADA accessible and housing vouchers for 20 apartments will be provided by the City of Pittsburgh Housing Authority. SOTA build will lead the construction and Rothschild-Doyno Collaboration provides design services.
Gladstone Residences will be an all-electric development certified by Enterprise Green Building Communities 2015 and will consist of two buildings with one and two bedroom units. Common facilities will include a top floor lounge, on-site management office, health and wellness room, community room and outdoor patio.
The community will be located at 327 Hazelwood Avenue, in an area of opportunity, in the Hazelwood neighborhood. Gladstone Residences is located off Interstate 376, close to the Hazelwood Greenway, the Monongahela River, and approximately 3 miles from the Phipps Conservatory and Botanical Gardens. UPMC Magee Women’s Hospital and UPMC Mercy are within a 5.5 km radius.
Creating Affordable Housing in Pittsburgh
Pennsylvania Housing Finance Agency, Pittsburgh Urban Redevelopment Authority, City of Pittsburgh Housing Authority, Federal and State Historic Tax Credits Administered by the National Park Service, and Hazelwood Initiative make the adaptive reuse project a reality. The residential redevelopment will be funded in part by PNC Bank’s investment in a combination of federal LIHTC and historic federal and state tax credits.
community builders recently opened a 111-unit supportive housing development in Jersey City, NJ. The affordable project represents the rehabilitation and preservation of a historic former YMCA building.