South Pittsburgh Reporter - Serving South Pittsburgh Since 1939

Long awaited Hillcrest Residences should be open by the spring of '17

 

Mayor William Peduto and District 4 Councilwoman Natalia Rudiak take shots with pucks made from clay on the site of the Hillcrest Residences on Brownsville Road. Ground was broken for the 66 unit senior residence in Carrick. Mayor Pedudo earned $150 from Sota Construction for the Carrick Overbrook Block Watch by "scoring" three times.

After years of waiting and delays ground was finally broken on Hillcrest Residences, a mixed income senior housing development on Brownsville Road in Carrick.

The Community Builders' (TCB) first project in Pittsburgh's southern neighborhoods will feature 54 one-bedroom and 12 two-bedroom apartments. Eight of the apartments will be fully handicapped accessible to promote residents' ability to age in place. There will be apartments for seniors of all income levels.

Hillcrest Residences will include a two-story community room, garden, computer room and library, sun room, fitness room, outdoor terrace, private room for health services, laundry rooms and 36 parking spaces. Residents will also have easy access to local transit, health care, shopping, libraries and other services.

Demolition of the former Giant Eagle grocery store began in March. Site preparation work include remediation of a wall to the rear of the property along with grading.

"This is the ty pe of project we want to see replicated," Mayor William Peduto said. It hits all the goals we're trying to do in Pittsburgh."

He said those goals include how it benefits people, the planet, performance and place "P-4." The new complex will benefit seniors of all income levels and the planet by being built to "passive house" standards where it won't use energy. It gains the performance and place goals by meeting a need in the Carrick community.

"It will be available to seniors who will now have later years in life a place they can live in respect. A place that is of a higher quality than what we usually see and a way to stay in the neighborhood where (they) have invested their life. And be able to do so with respect," Mayor Peduto said.

Councilwoman Natalia Rudiak said this was her seventh year in office and she's been working on this project for approximately seven years.

"There is a lack of affordable senior housing across the city, particularly in South Pittsburgh," the councilwoman said. "This is a great step forward in providing the ability for seniors to age in place."

She acknowledged the cooperation and support of neighboring Brentwood, the Mayor's Office and area community groups in the process leading up to the groundbreaking.

"This project will be catalytic for the Carrick neighborhood. It is the first multi-million dollar investment right on the main street in decades," she said. "Hillcrest will enable seniors to remain independent and stay in their neighborhood, near family, friends and the businesses they have patronized all their lives."

Hillcrest Residences will be built to achieve Passive House Institute US (PHIUS) Certification. The PHIUS goal is net zero energy use, even net positive. The development's energy-saving features will include a highly and continuously insulated exterior, Energy Star rated appliances and high-performance triple-paned windows and doors.

The project is expected to completed in spring 2017. Although there isn't a waiting list, TCB is compiling an "interest" list area residents can join by emailing the company with their contact information to: hillcrestresidences@tcbinc.org.

Funding for the project's $15.8 million development cost comes from the URA which is providing a first mortgage of $800,00 plus a "soft" secondary mortgage totaling $1.2 million, The Community Builders' HUD Neighborhood Stabilization Program contract is providing additional soft financing of $2,235,000. The Federal Home Loan Bank of Atlanta is funding $386,500 through its member bank, Self-Help Ventures Fund, and Citizens Bank is providing the private investor equity of $11,049,000 via a syndication fund managed by Stratford Capital Group.

 

Reader Comments
(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2018