the greenwood apartments a partnership between banc of america community development corporation and...

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The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc.

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Page 1: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

The Greenwood Apartments a partnership between

Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc.

Page 2: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

Front of existing buildings before redevelopmentCondition: failing roofs, asbestos in glazing, broken windows, structural

cracking. Porch overhangs are deteriorated. The property lacks landscaping.

Page 3: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

Rear of existing buildings before redevelopmentCondition: buildings in total disrepair. There is no central heat, air, minimal

electric, major plumbing problems, broken windows, damaged doors, concrete patches on walls and no life safety equipment.

Page 4: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

Existing Exterior ConditionsConditions: note overhead and exterior cabling and wires throughout.

Unsightly clothes lines, poor landscaping, parking issues.

Page 5: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

Existing typical

bathroom

Conditions: No showers, lead paint, dated

fixtures, significant plumbing problems,

asbestos floor tile. Poor

layout of floor plan.

Page 6: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

Typical kitchen before

redevelopment

Conditions: Cabinetry in

disrepair, fixtures dated. No

amenities. Stoves & refrigerators rented

by the month. Asbestos in glue under sink, and

flooring.

Page 7: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

Typical living room before redevelopmentConditions: Lead paint, peeling paint, brittle electric wiring, minimal outlets,

gas heat connection, but no heat unit, asbestos flooring. The walls are cracking showing structural settlement.

Page 8: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

After redevelopment – Amenities:New management and leasing office, Make A Difference Center with

computer lab, library, playground for children’s after school program& one of two new laundry facilities.

Page 9: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

New front exterior elevationIncludes lathe building system for new exterior skin of walls, replaced windows, doors, added columns, shutters, redesigned front entry and

installed fire alarm system

Page 10: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

1952 construction- after redevelopmentChanged profile of buildings by adding pavilions wrapped in hardi-board with raised roofs. Adopted neighborhood Caribbean theme depicted in

design and paint colors.

Page 11: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

After redevelopment site workInstalled parking lot lighting, removed overhead electrical lines, installed new

irrigation system, grass, trees, mulch and shrubbery.

Page 12: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

1952 construction – rear area of buildings A completely new look! Created open green space with oak trees and

shrubbery. We installed barbecue areas with picnic tables and bike racks.

Page 13: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

The New Greenwood ApartmentsInstalled monument signage, decorative wrought iron fencing between all

buildings. We created an identity for the property.

Page 14: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

The new bathroom after redevelopment

All new plumbing pipes, tile walls,

showers! Redesigned floor

plan. Installed cabinetry, flooring and all new

fixtures.

Page 15: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

A new bedroom

Newly sheet rocked walls, replaced all

electrical wiring and installed

central heat and air. We installed ceiling fans, TV

and phone cabling, interior

doors, closet shelving

Page 16: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

New kitchen after constructionWe improved the floor plan. In the kitchen we installed Whirlpool garbage

disposals, dishwashers, stoves w/self cleaning ovens and stove hoods for proper ventilation. The refrigerators have ice makers!

Page 17: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

New kitchen after constructionAll kitchens now have phone cabling, all new electrical and plumbing, and

new walls. We installed new window treatments, counters and cabinetry and flooring. We have encapsulated lead paint and removed asbestos.

Page 18: The Greenwood Apartments a partnership between Banc of America Community Development Corporation and Clearwater Neighborhood Housing Services, Inc

The Greenwood Apartments Redevelopment

• A $14,277,000+ redevelopment• 7 sources of funding including local bonds, tax credits,

city and county loans, equity and grants• A partnership involving for profit, nonprofit and

governmental partnering• A redevelopment of 25 buildings (200 units) that are

more than 50 years old and in significant disrepair• Included retention of 90 families on site during

construction• Construction achieved in four phases during a 14

month period