Parkside
Location:
515 13th
San Diego, California
Property Management:
ConAm Management
(619) 531-7480
Click here to visit the ConAm website.
Project Description:
77 units (25 studios, 18 one-bedroom, 29 two-bedroom and 5 three-bedroom units), all rented to families earning 60% and below the area median income. Electricity to common areas provided by photovoltaic system.
Background & Status:
New Construction project: construction began April 2008, completed December 2009. Land purchased from Transformation Ministries / East Village Community Church, which retained a ground level parcel on the site. Apartment project is built adjacent to and over Church owned parcel. Owned by Parkside Terrace, L.P. owned, fee simple, by the respective organizations. Received Platinum LEED (Leadership in Energy and Environmental Design) certification.
Financing Sources:
Tax credits, tax exempt construction loan, and loans from California Community Reinvestment Corporation and Centre City Development Corporation
Resident Services:
Wakeland comprehensive Resident Services