Energy-efficient affordable living in a park-like setting

Location

King County, WA

Year Built

1980

Year Renovated

2018

Number of Units

66

Built in the early 1980s, Homestead North and Homestead South were well located communities south of Seattle that were at risk of being converted to market-rate housing. Redwood developed a preservation and redevelopment plan to revitalize the properties, which included full interior and exterior upgrades combined with a comprehensive energy efficiency program, including a solar photovoltaics system and energy efficient appliance and fixtures. The redevelopment also included park-like features to enhance the well-being of residents, including playgrounds, garden areas, picnic tables and benches.

Location

King County, WA

Year Built

1980

Year Renovated

2018

Number of Units

66

Featured Properties

Admiralty Apartments

Port Townsend, Washington

Admiralty Apartments, a mixed-use historically significant property on Port Townsend Bay, was partially condemned after storms damaged its structure. Redwood sponsored an environmentally focused redevelopment that included rebuilding the property’s pilings and brick masonry façade.

Jaycee Towers

Dayton, Ohio

Jaycee Towers, a high-rise affordable senior community located near downtown Dayton, was at risk of being converted to market-rate housing and in need of a modernization. Redwood sponsored a community focused preservation to revitalize the property as high-quality affordable housing.

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.

The Presidio

San Clemente, California

The Presidio, a three-story senior community located in a high-demand, supply-constrained market, was at risk of being converted to market-rate housing. Redwood sponsored an amenity rich, environmentally focused renovation that preserved the property as high-quality affordable housing.

The Porter

Lansing, Michigan

The Porter, a 100-year old historic landmark located a few blocks from Michigan’s Capitol, was in need of meaningful capital investment. Redwood collaborated with the local community to sponsor a comprehensive renovation to preserve and revitalize this historic landmark.

Watercolor illustration of the Admiralty Apartments

OUR TEAM

We are a hard-working, empathetic team that partners with leading organizations dedicated to raising the standard.