The Presidio

Coastal living with enhanced social services

Built in 1986 overlooking the Pacific Ocean in San Clemente, California, The Presidio was at risk of being converted to market-rate housing. Redwood sponsored an amenity-rich, environmentally focused renovation, which included a solar photovoltaics system, energy efficient appliances and fixtures, a new fitness center, community garden, barbeque area, computer lab and an upgraded community room. Additionally, a new on-site service coordinator office was built and new service programs established, including resources to improve financial literacy, health and wellness.

Featured Properties

Royal Palm Gardens

Fort Myers, Florida

Originally built in 1970, Royal Palm Gardens was neglected and in need of a significant capital investment. Redwood developed a comprehensive redevelopment plan, inclusive of building a new community center, to restore the property as high-quality affordable housing for decades to come.

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Homestead Apartments

King County, Washington

Built as affordable communities south of Seattle, Homestead Apartments was at risk of being converted to market-rate housing. Redwood sponsored an environmentally and community focused redevelopment that revitalized the communities as high-quality affordable housing.

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The Winthrop

Tacoma, Washington

The Winthrop, a mixed-use historically significant former hotel in Tacoma, was on the verge of failure after prior ownership filed for bankruptcy. Redwood sponsored a comprehensive, historically significant renovation that restored the former luxury hotel into high-quality affordable housing.

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Hausten Gardens

Honolulu, Hawaii

Hausten Gardens, a mid-rise affordable senior community located near Waikiki Beach, was at risk of being converted to market rate housing. Redwood collaborated with a local partner to preserve and meaningfully improve the community as high-quality affordable housing.

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Civic Towers

Miami, Florida

Originally constructed in the 1980s, Civic Towers and Civic Towers Senior were neglected and in need of meaningful capital investment. Redwood developed a comprehensive redevelopment plan, inclusive of an entirely new facade, to preserve and upgrade these critical community assets.

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