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ULI/Carolyn and Preston Butcher Forum on Multifamily Housing
January 16, 2014
Jonathan Rose Companies
Jonathan Rose Companies AMP Overview
Jonathan Rose Companies
Jonathan Rose Companies
Mayor Nutter
Jonathan Rose Companies
Trid Master Plan (by Interface)
Phila2035
Temple University
Temple Regional Train Station
Jonathan Rose Companies
Green Streets Green City, Clean Water
Paseo Verde TODGREEN INFRASTRUCTURE & BUILDINGS
Jonathan Rose Companies
Jonathan Rose Companies
Key Project Elements
• Demonstration project for TOD and green development Focus on green infrastructure and LEED ND
• Not 100% affordable housingNeed to include market rate housing in challenging market
• Not 100% (undergraduate) student housing
• Requirement to include a significant retail/commercial program
Jonathan Rose Companies Q + A
Jonathan Rose Companies Paseo Verde, Philadelphia, PA
Strengths
• Location- Location –Location• First Transit Oriented Development in Philadelphia• Political Will• Community Support• Strong partnership: APM/JRCo• Public /Private Partnerships and Investments• Significant Subsidies from City and State• Pre-leased 7,600 square feet of space to a community medical
center, 15,000 square feet for office space for APM, 1,500 square feet for a pharmacy.
Jonathan Rose Companies Lessons
Jonathan Rose Companies Groundbreaking
Jonathan Rose Companies Paseo Verde, Philadelphia, PA
Jonathan Rose Companies Paseo Verde, Philadelphia, PA
Jonathan Rose Companies Paseo Verde, Philadelphia, PA
Jonathan Rose Companies Paseo Verde, Philadelphia, PA
Jonathan Rose Companies Paseo Verde, Philadelphia, PA
Jonathan Rose Companies Paseo Verde, Philadelphia, PA
Jonathan Rose Companies Paseo Verde, Philadelphia, PA