What This Project Is All About
Connecting people to opportunity—that’s the heart of this real estate development initiative. The focus? Providing affordable housing and promoting social equity, all while pushing the boundaries of sustainable development. It’s not just about buildings; it’s about enhancing the quality of life in the communities where investments are made. This project covers everything from development and investment to acquisition and asset management, with a strong emphasis on affordable housing and community services. It’s about creating spaces that preserve community values and foster inclusivity.
Main Benefits and Key Figures
Here’s a quick snapshot of what’s been achieved and what’s in the pipeline:
- $5+ billion estimated value of real estate developed or currently underway
- 7,000+ residential units completed or in process
- 4,190,000 square feet of commercial space developed or in the pipeline
- 411,000 square feet of retail space developed or underway
- 1,000+ affordable housing units completed or in progress
- 77 LEED-certified buildings—including 23 Platinum, 49 Gold, and 5 Silver projects
These numbers include historical data from the predecessor company, Gerding Edlen Development, and reflect both registered and certified LEED projects. Pretty impressive, right?
Affordable Housing & Community Services
At the core, this project is about creating affordable and socially equitable opportunities that preserve the fabric of communities. It’s not just housing; it’s about building environments where people can thrive. The approach ensures that affordability doesn’t come at the expense of quality or sustainability. Community services are integrated to support residents’ needs, making these developments more than just places to live—they’re places to belong.
Middle-Income Housing Investment & Development
Middle-income housing gets special attention here. The goal is to perpetuate buildings that foster a sustainable and affordable future across all stages of life. This means designing and investing in properties that meet the needs of a broad spectrum of residents, ensuring long-term viability and community stability. It’s about striking that balance between affordability, quality, and sustainability—because everyone deserves a place to call home.
Strategic Partnerships
Partnerships are key to the success of this project. From public-private partnerships to strategic joint ventures, collaboration drives innovation and results. These alliances help identify smart solutions and deliver strong outcomes, leveraging the strengths of each partner. It’s a team effort that amplifies impact and accelerates progress toward shared goals.
Project Impact on Sustainable Development Goals (SDGs)
- SDG 1: No Poverty – by providing affordable housing options
- SDG 3: Good Health and Well-being – through community services and quality living environments
- SDG 7: Affordable and Clean Energy – via LEED-certified sustainable buildings
- SDG 10: Reduced Inequalities – promoting social equity in housing
- SDG 11: Sustainable Cities and Communities – fostering inclusive, safe, and resilient communities
- SDG 17: Partnerships for the Goals – through strategic public-private collaborations
In the News and Industry Recognition
This project has caught the attention of the industry and media alike. Notably, it’s involved in UL10 public/private partnership projects and has been recognized for pushing the envelope in sustainable design. For example, ZGF Architects rose to the Living Building Challenge with an office complex in Portland, marking the world’s first developer-driven Living Building in the city. These accolades highlight the commitment to innovation, sustainability, and community impact that define this real estate development effort.
