housing opportunity 2014 - responsible reuse: promoting sustainable placemaking and revitalization,...

Presented by Paul Graziano

Baltimore City Housing Commissioner

May 16, 2014

Urban Land Institute’s Terwilliger Center for Housing

Annual Conference

Baltimore City’s

Vacants to Value

Initiative

Promoting Sustainable Placemaking & Revitalization

Through:

• Fifty years of population and job loss have devastated

the housing market in many of Baltimore’s lowest

income neighborhoods.

• Baltimore has experienced decades of property

abandonment resulting in 16,000 vacant and boarded

buildings.

• The majority of Baltimore’s boarded structures –

approximately 11,500 are highly concentrated in

severely distressed areas where there is insufficient

development demand to support wholesale

rehabilitation now or in the foreseeable future.

• Unlike cities such as Detroit and Cleveland, where

detached houses dominate, the row houses of

Baltimore make vacancy a unique problem. Vacant

properties are interspersed in any given block and

make demolition difficult and costly.

Baltimore City’s Vacancy Problem

• Growing the City

– Mayor’s 10k household increase goal

• Reversing 50 years of disinvestment

– Community Development

– Economic Development• Tax base

• Jobs

• Market driven realities

• Preservation/Production of affordable

housing (e.g., RAD)

• Creating mixed income housing

opportunities

• Protecting interests of current residents

• Eliminating pockets of blight

• $1.1 billion plan for Baltimore City Schools:– Build 15 new schools, and significantly renovate 30

schools

• Enhanced Recreational/Green Space

• Partnering with Anchor Institutions

Mayor’s Plan for a Healthy City

Baltimore’s Vacancy Challenge:

16,000 Vacant Buildings

Breakdown of the City’s 16,000 Vacants by

Area Type

(80% Privately Owned)

To view Development Clusters go to:

http://www.baltimorehousing.org/vtov_code_clusters

9%

19%

72%

(1,500 Vacants) Located in Development Clusters

(3,000 Vacants) Located in Areas With DevelopmentDemand

(11,500 Vacants) Located in Areas WithoutDevelopment Demand

http://www.baltimorehousing.org/vtov_code_clusters

Baltimore City’s

Housing Market Typology

Eliminating Blight:

Mayor Rawlings-Blake’s Vacants to Value

Strategy 1: Streamline the disposition process

Strategy 2: Streamline Code Enforcement in

Middle Markets

Strategy 3: Facilitate Investment in Community

Development Clusters Near

Areas of Strength

Strategy 4: Targeted Homebuyer Incentives

Strategy 5: Support Development/Major

Redevelopment Activity

Strategy 6: Maintain, Clear, Hold and Identify

Non-Housing Uses

Strategy 7: Provide Coordinated Green, Healthy

and Sustainable Home and

Neighborhood Improvements

In November, 2010 Mayor Rawlings-Blake announced

Vacants to Value, a multi-pronged blight elimination initiative:

Vacants to Value

Key Success Indicators*

Disposition of City-Owned Properties

1,087 (717 buildings, 370 lots) with

proceeds totaling over $3 million

$900 Vacant Building Notice (VBN) Citations

Issued 1,664

Properties Rehabbed or Construction

Underway

1,709

Receivership Cases Filed or Pending Filing 1,253 (180 pending)

Permit Revenue $2.27 million

Private Investment Under Strategies 2 & 3

(Construction Costs from Permits Only) $87 million

$10,000 Homeownership Incentives Granted 349

Development/Major Redevelopment

Over $350 million invested in completed

development projects

Demolitions 883

Lots Adopted 878 currently adopted

Commercial Agriculture Operations 3

*As of April, 2014

Baltimore Homeownership

Incentive Program, B-HiP

B-Hip is specifically tailored for qualified Baltimore City homebuyers which

enables them to layer various incentive programs including:

• V2V $10,000 Homeownership Program

• Buying Into Baltimore $5,000 incentive

• Live Near Your Work Employer incentive matched (up to $2,000) by City

• Community Development Block Grant (CDBG) up to $5,000 incentive

• Baltimore City Employee Homeownership Program $5,000 incentive

B-HiP - Live Near Your Work

Hopkins Target Areas

ProjectTotal Units

Total Rental Ownership

Developer Status Total Dev CostAff

ord

ab

le

Aff

ord

ab

le

Market

Aff

ord

ab

le

Market

429 E 22nd Street 1 1 1 0 0 0 PHG Complete/Sold $ 200,000

1512 Mt Royal 6 5 5 1 0 0 Empire Homes Complete $ 1.2 million

2301 N Charles 7 7 7 0 0 0 AHC Complete $ 1.3 million

Columbus School 50 50 50 0 0 0 Woda Development In lease up $ 13.5 million

Artists Housing/TRF 7 0 0 0 7 0 TRF Complete $ 1.8 million

Dayspring II 22 22 22 0 0 0 Dayspring CDC Complete $ 10.7 million

Fells Point Station 47 47 34 15 0 0Henson Development Co. Under construction $ 13.4 million

Gateway Housing 10 10 0 0 10 0 Druid Heights CDC Complete $ 2.3 million

Lillian Jones Apartments 75 74 74 1 0 0

The French Companies/Empire Complete $ 16 million

M on Madison Apts 74 74 74 0 0 0 M on Madison LP Complete $ 16.9 million

Renaissance Gardens 60 60 60 0 0 0 CHAI Complete $ 8.6 million

Union Rowe 72 72 72 0 0 0Greater Baltimore AHC Complete $ 9.3 million

Wayland Village Senior Apts. 90 90 90 0 0 0

Wayland CDC/Bon Secours/Enterprise Complete $ 15.3 million

North Avenue Gateway 64 64 64 0 0 0 Woda Development Complete $ 14.9 million


Completed Projects


Projects Under Construction

ProjectTotal Units


Developer Status Total Dev Cost

Aff

ord

ab

le

Aff

ord

ab

le

Market

Aff

ord

ab

le

Market

Biddle Residences 6 5 5 1 0 0 Poverni Ventures Under construction $ 600,000

Calvert Street Properties 18 18 18 0 0 0 Empire Homes Under construction $ 2.9 million

Lafayette Residences 10 10 10 0 0 0 Poverni Ventures Closing in 2014 $ 880,000

Manor South 90 90 90 0 0 0 CHAI Under construction $ 16.7 million

Shannon House 18 18 18 0 0 0 Gaudenzia Under Construction $ 5.5 million


Projects with Funding Awarded

ProjectTotal Units


Developer Status Total Dev CostA

ffo

rd

ab

le

Aff

ord

ab

le

Market

Aff

ord

ab

le

Market

Bon Secours Gibbons Apartments 80 80 80 0 0 0

Unity Properties, Inc. Closing in 2015 $ 18.3 million

City Arts II 60 60 60 0 0 0 Homes for America Closing in 2015 $ 14.2 million

Mary Harvin 57 56 56 0 0 0 Woda Group Closing in 2014 $ 14.1 million

Mulberry at Park I 68 68 68 0 0 0Enterprise HousingCorp. Closing in 2015 $ 19.6 million

Penn Square II 60 60 60 0 0 0 Woda Group Closing in 2014 $ 14.7 million

4227 Frederick Ave 9 9 9 0 0 0 CHA Closing in 2014 $ 1.2 million


Multi-Phase Projects

ProjectTotal Units


Developer StatusTotal Dev

Cost

Total Development

CompletedAff

ord

ab

le

Aff

ord

ab

le

Market

Aff

ord

ab

le

Market

Bailey Scattered Sites 35 35 35 0 0 0 HABC

Phase 1 – 16 Units complete; 9 units under construction; Phase 2, 3 in pre-development $ 8.5 million $ 4 million

Barclay 322 156 134 65 22 101 Telesis Corp.

4 Phases. Phase I Rental complete. Phase I Ownership complete. Phase II Rental under construction. $ 90 million $ 52.3 million

O’Donnell Heights 925 TBD TBD TBD TBD TBD

Michaels Development Company/Greater Baltimore AHC

4 Phases with sub-phases within each phase. Phase 1A iscomplete. $ 300 million $ 18 million

Orchard Ridge 444 288 234 15 54 141 Pennrose Properties

3 phases of rental complete. 30 units of Homeownership under construction by Habitat of the Chesapeake. New rental phase closed. $ 94.3 million $ 77 million

Poppleton Co-op 274 274 274 0 0 0Hampstead Development Group

3 Phases - Phase I and II complete. Phase III funded. $ 9.1 million $ 41.3 million

Preston Street Phases I-III 40 40 10 0 30 0 Mi Casa Complete $ 11.7 million $ 11.7 million

Uplands 761 553 208 0 245 308 Uplands Visionaries

Phase I Rental complete. Phase I Ownership under construction. $245.6 million $ 20.6 million

Baltimore City V2V Investment Areas

Greenmount Redevelopment Corridor

Greenmount Corridor -

Johnston Square

Johnston Square Development Activity

Mi Casa Rehabs on Preston St. Before


Johnston Square

Mi Casa Rehabs on Preston St. After


Johnston Square

Lillian Jones Apartments


Johnston Square


Greenmount West

City Arts I Before


Greenmount West

City Arts I After

Baltimore Design School

Before


Greenmount West


Greenmount West

Baltimore Design School

After

Photo from National Historic Trust Preservation Magazine

Cover, May 2014

http://www.preservationnation.org/magazine/

~$ULI Presentation on V2V template DRAFT.pptx

~$ULI Presentation on V2V template DRAFT.pptx

Oliver St. Before


Greenmount West

Oliver St. After


Greenmount West

Montessori School


Greenmount West

Greenmount Corridor - Barclay

NSP Rehabs on N. Calvert Street


Infill New Construction on

Barclay Street

Barclay Phase 2 Demolition


Barclay Phase 2 Redevelopment


Green Space at Barclay & 22nd Streets


East Baltimore Development

Initiative (EBDI) & Periphery

EBDI & Periphery

1200 Block N. Broadway Before

EBDI & Periphery

1200 Block N. Broadway After

EBDI & Periphery

1256 N. Broadway After

EBDI & Periphery

1400 Block of N. Bond St. Before

EBDI & Periphery

1400 N. Bond St. After

Park Heights

Park Heights

Park Heights Avenue Park Heights Avenue

Site Clearance

Park Heights

Renaissance Gardens Before

(Formerly Pall Mall Apts.)

Renaissance Gardens After

Park Heights Ripken Field

O’Donnell Heights

O’Donnell Heights O’Donnell Heights

Proposed Master Plan

62 acres

$300M development

project

925 Mixed income

housing and rental

units (75 Phase IA)

596 units demolished

New schools planned

at both ends of the site

O'Donnell 1A is

completed and

leasing.

Phase 1B is in the

planning stage.

O’Donnell Heights

BEFORE

O’Donnell Heights

After

Uplands

Uplands

Before

Uplands

After

For SaleRental

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West Baltimore Redevelopment Area

Heritage

Crossing HOPE

VI

Townes

at the

Terraces

HOPE VI

Red Line

Station

Red Line

Station

Red Line

Station

Hampstead

Redevelopmen

t Area

University of

Maryland

Medical

Center /

Baltimore

Campus

Westside

Redevelopment

Area /

Superblock

Route 40 (Highway to Nowhere)

West Baltimore - Poppleton

Before

West Baltimore - Poppleton

After

West Baltimore - Poppleton/University

of Maryland Bio-Park

West Baltimore - University of Maryland

Bio-Park

Baltimore Housing:

Two Agencies, One Mission

housing opportunity 2014 - responsible reuse: promoting sustainable placemaking and revitalization,...

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