MAJOR DEVELOPMENT PROJECTS




The map below depicts the major development projects currently underway in Reservoir Hill, and areas of opportunity for homeowners. For instance, any houses in the Healthy Neighborhoods blocks are eligible to apply for low-interest rehab loans. For more information on Healthy Neighborhoods go to Healthy Neighborhoods. Brief descriptions of major development projects appear below. For periodic updates on these projects, please visit the Housing News & Notes and the monthly Community Briefing. For more information or questions, contact Carl Cleary at 410.225.7547 or write to ccleary@reservoirhill.net.

Click on the image above for a larger image. (PDF)

Renaissance at Reservoir Hill
Historic rehab of 44 Housing Authority-owned properties
12 properties sold to homeowners, 4 reserved for affordable purchase
Construction is complete on Phase One (rental), Phase Two (homeownership) will be completed by end 2007
Developed by Pennrose Properties, HABC, RHIC, and Reservoir Hill H.O.P.E.

Callow Avenue
Full rehabilitation of 16 single family homes on Callow Avenue
Demolition began fall 2006
Developed by HRS Homes

Linden Avenue
Complete rehabilitation of 8 single family homes on Linden Avenue
Stabilization began fall 2006; should be complete by spring 2007
Developed by a group of 8 homesteaders, Linden Tree LLC, in partnership with the French Development Company

Druid Lake Vistas
Two mid-rise condominium buildings on Druid Park Lake Drive
Developer and city going through price negotiations, moving toward Land Disposition Agreement
Developed by CIMG

Whitelock Street
RHIC is working with city officials to the determine best use of the parcels
RHIC hopes to work with marketing and architectural firms to create proposal parameters that will be utilized in the RFP, which we hope will be released in 2007

Project SCOPE (Selling City-Owned Properties Efficiently)
Purchase of city-owned properties by homeowners and developers, with end use of owner occupancy
To date, more than 30 properties sold through SCOPE

Lakeside Neighbors Coalition
Successful rehab of 2 properties in the Lakeside area, purchased by moderate-income homeowners
Partners include Episcopal Housing Corp, Beth Am Synagogue, and area residents