The initial phase will create 576 affordable homes, a new 15,000 SF outpatient medical clinic and 7,000 SF of ground retail space.
The 297-unit affordable apartment complex will undergo an extensive $25 million renovation.
The funding will support reopening historic neighborhood streets, public green space and new mixed-income housing and retail.
The new Anderson Plaza provides a retail corridor, seating options, refreshed landscaping, and a café for the community to enjoy.
The theatre’s new home is being developed in partnership with LMXD and RAY, and will include 222 units of mixed-income apartments and commercial space along 125th Street.
Developers will rehabilitate the nine properties while preserving affordability.
Beach Dunes Eats & Arts Café offers affordable, healthy meals and produce for Beach Green Dunes II residents and the surrounding community.
The project will deliver 78 affordable apartments for families, supportive housing and include a ground-floor clinic and office space operated by University Hospital.