Ezra on Riley Park | ?m | 8s | Birchwood Properties | NORR

General rating of the project

  • Great

    Votes: 2 9.5%
  • Very Good

    Votes: 11 52.4%
  • Good

    Votes: 7 33.3%
  • So So

    Votes: 0 0.0%
  • Not Very Good

    Votes: 1 4.8%
  • Terrible

    Votes: 0 0.0%

  • Total voters
    21

darwink

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Best way to support more affordable housing - inject more capital into attainable homes up to where they think is their max current capacity, then create a new arm of it, the develops rental apartments then sells them to REITs while retaining a restrictive covenant that limits who are tenants, and how much rent can be, while it makes back its capital, and a bit for inflation.

Then the companies just roll. I think that is the only real long term solution that doesn't involve direct state ownership of a much higher percentage of the housing stock, which I think would be a bad thing.
 

UrbanWarrior

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Dang that turned out real purdy.
 

Beltline_B

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At first I thought his wa a rendering.. anyhow I love the white trim! I agree with UW, this has turned out very well.
 

UrbanWarrior

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Was hoping for more outa the street level of this one. Overall, a very nice project though :)
 

UrbanWarrior

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Only just noticed in that picture that the 2 buildings aren't exact mirror images, interesting
aha oh! That's interesting. First time I noticed it as well.
 

BKha

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I'm very happy with the final product of Ezra. My only lament is that it's expensive housing replacing cheap housing, but it is what it is. Gentrification has its pros and cons. Overall though, the density increase if great, and for those who buy into this property, it's a fantastic location.
 

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