Revitalizing senior living near downtown Dayton
Number of Units
Built as an affordable senior community in 1972 in the Oregon District, approximately one mile from downtown Dayton, Jaycee Towers was at risk of being converted to market-rate housing and in need of a modernization. Redwood developed a preservation and redevelopment plan to revitalize the property, which included a comprehensive community focused renovation. The revitalization included full unit renovations, façade improvements, systems upgrades, elevator modernizations, security upgrades and energy efficient appliances and fixtures throughout. Additionally, a new on-site service coordinator office was built along with a wellness center, fitness center, community gardens and picnic areas.
Number of Units
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.
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.
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.
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.
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.