Best affordable seniors housing design for Global Awards shortlisted
LOS ANGELES: The shortlist for the best affordable seniors housing design has been declared.
Over 250 programmes have been considered by the awards secretariat. One of the finalists in this category is shown above.
A developer is planning to build a five-story apartment building on Dunham Road that would be mostly for people over the age of 55.
The new building would include 160 apartments and would be built on an open 4-acre site on a section of the Dunham Ridge campus that is next to the former Salem News building. At least 80% of the apartments, or 128, would be set aside for households that have at least one person over 55.
In its application to the city, developer One Circle Co. said the project would provide more affordable housing options for seniors in Beverly. Twenty-four apartments would be permanently restricted as affordable for seniors with more limited financial resources.
One Circle Co. filed the application with the Beverly Zoning Board of Appeals for a special permit to authorize construction. In a statement, the company said the project “aims to help meet the city’s housing creation, sustainability and economic goals by delivering age-restricted housing units (15% of which will be affordable) in a high-performance building which reduces energy usage.”
The company said the project would also bring permanent and temporary jobs to the city along with real estate taxes and building permit and usage fees.
“We look forward to working collaboratively with the city and neighborhood stakeholders to bring this project to fruition,” the statement said.
The building would be the latest to be constructed at Dunham Ridge, a 54-acre property managed by Cummings Properties near Norwood Pond and North Shore Music Theatre. The campus currently includes five commercial buildings; this would be the first apartment building on the site.
The Global Award winner will be announced in December in London. (Globals)