
Broad Street Revitalization
Broad Street Revitalization is a four building mixed-use project in Elmwood that runs along the neighborhood’s main street, Broad Street. It’s made up of 25 affordable apartments and commerical and community space. Tenants include The Elmwood Financial Center and ONE|NB partner, Project Weber/RENEW.
Location: Broad Street, Reynolds Street, and Chester Street in Elmwood
Housing Type: Affordable rentals and commercial space
Completed: 2011
Units: 25 residential, 5,000 sq ft. of commercial space
Contractor: Stand Corporation
Architect: David Presbrey Architects
Financing: LIHTC, RIH 1st Mortgage, RIH Targeted Loan, HOME, Lead funds, Neighborhood Opportunities Program, BHRI
Project Cost: $7,048,765