This week I created what is called a 40B development project, which is a housing scheme that combines affordable and market rate housing together in one property. Cities and towns will often give preference to these types of projects as they are perceived as helping the less affluent into housing in an area that is normally out of their reach. My project consists of a two-unit complex with a shared parking garage. The affordable unit is a 1-bedroom/1-bath single floor apartment. This unit works well for the elderly/disabled as there are no stairs to climb and could be made handicapped accessible with few modifications. The affordable 1 bedroom features a unique oval-shaped courtyard that brings nature indoors while making the space appear larger and more open from all angles. The apartment has a fenced in yard and an extensive porch for enjoying the outdoors.
The deluxe market rate apartment is a 2 bedroom/2.5 bath luxury penthouse. Features include garage space, a lap pool, private deck off the master bedroom, massive dressing room and master bath, eat-in kitchen with separate dining room, a 2 story living room with a mid-century Gyro-focus fireplace and floor to ceiling views of city, and a separate media room/study. This apartment spans two floors and can be designed with or without an elevator.
In addition to creating affordable housing, my development project also created a small community center to serve the local community. The center offers exercise equipment, a climbing wall, pool tables, a juice/coffee bar, and free wi-fi access to its patrons. There is also a basement function space for events.