Glendale is setting the standard for its growing population by breaking ground on a new affordable housing project.
.jpg)
"...Tackling affordable housing is a difficult task, but one Arizona and Glendale are well equipped to face. The public-private partnership between the city and Gorman & Company provides a stable place for people to live in no matter the circumstances.
.jpg)
.jpg)
Centerline Glendale will become a model for affordable housing, as it will provide stability as well as positive revenue and community support, making the partnership beneficial for all parties.
.jpg)
“This project was seeded by a public investment, but this project will also generate $2 million in permitting and impact fees for the city of Glendale,” Gorman & Company President and CEO Brian Swanton said.
“(This project brings) $4.3 million in construction sales tax revenue for the state of Arizona and $400,000 annual property taxes, 75% of which goes to the local school districts. In addition, the project will create hundreds of local prevailing wage construction jobs through this innovative public-private partnership.”
New affordable housing project breaks ground
"From the countless events to the many popular amenities, people from across the nation are piling in to be a part of the action in the ever-growing city that is Glendale.
With that in mind, the city is taking the steps necessary in order to house all of these new residents in an affordable fashion.
To achieve this goal, Glendale and Gorman & Company have partnered up and recently broke ground on the newest affordable housing project — Centerline Glendale.
“I am committed to bring people together as community leaders, local governments, social service practitioners and housing advocates like those of you here at this groundbreaking to work on solving the challenge of housing affordability together,” Gov. Katie Hobbs said at the groundbreaking.
“I can’t wait to return and see just how transformative this project will be for our residents and community.”
Centerline Glendale will be located just off of 67th and Glendale avenues and will target the diverse population of the area. It will be fully catered to all residents, including those with low income, families, disabled veterans, formerly homeless, and households with special needs.
The project will provide over 350 new, modern-style rentals at prices that will be more competitive than others in the area.
“It takes partnerships, it takes communities, it takes businesses, it takes spirituality, it takes churches, it takes a lot of different people that want to make a difference in people’s lives,” Mayor Jerry Weiers said. “Our motto here in Glendale is, we improve the lives of the people that we serve every day. … We want to improve the lives of the people that we serve each and every day.”
The facility itself is expected to be completed in — give or take — 2025, and it’s set to feature amenities like a splash pad, dog park, fitness center, workspace, electrical vehicle charging station, and 13-acre walking path for new residents to enjoy.
City officials are hopeful that this will bring in a new wave of residents.
“With Glendale’s poverty rate of 17.3%, investing in strategic partners to develop affordable housing as a solution that can help end the cycle of poverty,” Councilmember Jamie Aldama said. “For many families that are severely cost burdened to have a safe place to live with affordable rent and the supportive community means the difference between choosing paying rent, utilities and putting food on the table.”
Tackling affordable housing is a difficult task, but one Arizona and Glendale are well equipped to face. The public-private partnership between the city and Gorman & Company provides a stable place for people to live in no matter the circumstances.
Centerline Glendale will become a model for affordable housing, as it will provide stability as well as positive revenue and community support, making the partnership beneficial for all parties.
“This project was seeded by a public investment, but this project will also generate $2 million in permitting and impact fees for the city of Glendale,” Gorman & Company President and CEO Brian Swanton said.
“(This project brings) $4.3 million in construction sales tax revenue for the state of Arizona and $400,000 annual property taxes, 75% of which goes to the local school districts. In addition, the project will create hundreds of local prevailing wage construction jobs through this innovative public-private partnership.”
With the ground having been broken on this new project, residents are getting an inside look at the mission of the state and city. And with the efforts shining through in this first of its kind project, soon others might follow the model and keep Arizona trending upward.
“Thanks for all the partners for making this happen,” Weiers said. “I’m looking so much forward to being open and where we can start serving our very citizens that we’re all here today to begin.”
RELATED CONTENT
.jpg)
Posted: Mar 24, 2023
No comments:
Post a Comment