The Glendower Group, working with Icon Architecture, located in Boston, MA completed the redevelopment at Twin Brook, formally known as Ribicoff Cottages.
The redevelopment effort consisted of demolition and replacement of an existing dilapidated, 1960’s garden apartment complex with modern, energy efficient townhouse style housing units. The area will include a total of 106 mixed finance/mixed income housing units dispersed between townhouses and apartments within a three-story community building. Preferences for a portion of these units is given to the elderly and/or disabled. The entire development is Energy Star Certified.
“This team has worked tirelessly over the past decade and championed the efforts that resulted in the construction of 400 units of housing at a cost of more than $120 million” says Karen DuBois-Walton. Twin Book is just one phase of the West Rock Revitalization effort.
In addition to successfully relocating all 310 residents in a timely and cost efficient manner, the redevelopment also required design of a new roadway layout and new supporting utility services.
Glendower Services included:
- Planning and Development
- Relocation Services
- Construction Oversight
|Type||Initial Number of Units||Number of Units Developed||Unit Type||Total Development Cost||MTW Commitment||Dollars Leveraged|
|Substantial Rehab and New Construction||100||106||Affordable, RAD, Market Rate||$46M||$13.3M||$33.3M|
The Glendower Group Follow
The Glendower Group (Glendower) is a nonprofit 501(c)(3) instrumentality to Elm City Communities specializing in affordable housing real estate development.
Demolition and site work is underway at our Valley Street Development. Montagno Construction is hard at work removing existing structures and rough grading the site.