Premium Blend The Dallas Housing Authority is one of the first in the country to blend federal housing subsidies and federal medical benefits on one campus. The authority, along with Stonegate Senior Care, is building The Village at Lakewest, a $62 million senior living community in West Dallas that will offer nursing home care at its rate-subsidized units. The project will include 360 independent-living units, a 150-unit assisted-living facility, 296 skilled nursing beds, and 125 adult day care slots. —R.Z.A.
Tight Squeeze New density bonuses designed to alleviate affordable housing shortages in San Diego and Los Angeles encourage small units—as tiny as 200 square feet—by removing caps on the numbers of units that can be built. Developers who set aside at least 10 percent of their units as affordable can build more units than otherwise allowed under the existing zoning rules. Looks like it's time to get rid of the roommate. —R.Z.A.
New Kid on the Block In its quest to break into the exclusive top 10 club of commercial real estate brokerage firms, Irvine, Calif.-based Sperry Van Ness announced Nov. 17 that it has acquired Naples, Fla., multifamily brokerage specialists JBM Realty Advisors, whose average deal size is $31 million and higher. The company has also opened new offices in Manhattan, Chicago, Seattle, and Denver and is expanding internationally with units in Costa Rica and Panama. Jerry Andersen has been named president of the newly minted Sperry Van Ness International.
Greening D.C. As part of a comprehensive stormwater management plan to be released this month, the Washington, D.C., Department of the Environment is proposing legislation to establish incentive programs for the installation of green roofs in the District. For the next four years, all properties maintained by the D.C. Office of Property Management will undergo structural assessments to determine the feasibility of green roof installation, with a goal of maximizing green roof usage at all new and retrofitted city buildings. Beginning Oct. 1, 2008, the department will also make available an additional $500,000 in green roof incentives for all new and retrofit construction. According to the plan, that amount could be bumped to $1 million in annual incentives as part of D.C. Mayor Adrian Fenty's effort to green 20 percent of all D.C. roof coverage by 2028. —C.W.
Prize Picks The National Association of Home Builders and the AARP recently announced the first-ever Livable Communities Awards, paying tribute to home builders, developers, and remodelers who have committed to raising the senior housing bar in the areas of safety, comfort, and accessibility. Two multifamily firms were among the five inaugural honorees: Madison, Wis.-based Madison Area Community Land Trust's Troy Gardens was recognized in the category for developers of up to 250 units; Atlanta-based The Integral Group took top honors in the above-250 units category. “The winners have shown a mix of great imagination and attention to detail,” says NAHB President Brian Catalde. “They are providing a blueprint that responds to the needs of the consumers, enabling them to live independently and still be engaged with the broader community.” —N.S.