Enterprise Community Development recently celebrated the grand opening of Magnolia Gardens, a new 72-unit affordable housing community in La Plata, Maryland.
Local and state officials joined Enterprise and project partners at the event to commemorate the milestone. Magnolia Gardens is the first non-age-restricted 9% Low Income Housing Tax Credit (LIHTC) development in Charles County and Enterprise’s first project in the area.
“These apartment homes offer a range of housing options that are modern and energy efficient and provide a much-needed resource, housing for essential local workers, including fire fighters, teachers, bus drivers and police officers,” said Janine Lind, President of Enterprise Community Development.
The community features one-, two-, and three-bedroom apartments spread across four garden-style buildings. Architecture by Design is the project architect, Harkins Builders is the general contractor, and Lorenzi, Dodds & Gunnill is the civil engineer. Enterprise Residential provides property management and resident services.
Developer Giuseppe Iadisernia closed on a $112 million construction loan for the development of Oasis East Tower, a 250-unit luxury condominium building located at 1000 E Hallendale Beach Blvd. on the coast of Hallandale Beach, Florida. The project is the last phase of a multi-phase development that will deliver a new district of residences, shops,...
Learn moreThe Adams administration has launched the public review process on the Metropolitan Transportation Authority (MTA) 125th and Lexington Rezoning application, an MTA proposal to transform a vacant lot at the corner of East 125th Street and Lexington Avenue in East Harlem into a mixed-use tower with 680 new rental apartments, including roughly 150 affordable units. The proposed...
Learn moreCrescent Communities’ NOVEL 14th Street, a brand-new upscale multifamily community offering 197 apartment homes, has opened. Incorporating DC’s newest coffee social house, Land of a Thousand Hills, NOVEL 14th Street is located just north of the U Street Corridor at 2601 14th Street NW. “At NOVEL 14th Street, we’ve created a community that honors the...
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