The Crescent Apartments
The Crescent and the Wilson House renovation projects in the Hamnett Place neighborhood of Wilkinsburg represent one of the largest restoration projects in Wilkinsburg to date.
The restoration of these two buildings will bring 27 units of affordable housing back to Wilkinsburg, with 23 units in the Crescent Apartments and four units in the Wilson House. These buildings were highlighted as essential components of the rejuvenation of the Borough in the Wilkinsburg Neighborhood Transformation Initiative (WNTI), a planning document which had significant input from local residents, Wilkinsburg stakeholders, borough government, and PHLF.
Located at key locations in the Hamnett neighborhood, both buildings will serve as a beachhead of strength, and will promote further economic development and restoration activities throughout the neighborhood. The project will include development features such as an on-site community room, an on-site computer facility, an on-site management office, laundry room, storage areas for tenants, internet accessibility in all units, energy star appliances, and supportive services offered on-site and off-site by Hosanna House.
This $8.6 million restoration project would not have been possible without the support of numerous funders including the Pennsylvania Housing Finance Agency, PNC Bank, Allegheny County Economic Development, the Federal Home Loan Bank of Pittsburgh and Allegheny County Supportive Services.
This redevelopment project took over three years to assemble due to numerous complexities regarding site control and financing of the buildings which were severely deteriorated over the years.
The renovation of both of these buildings compliments the housing restoration work on Holland and Jeanette Streets, the construction of the Housing Resource Center, and a vacant lot program established by PHLF to create urban gardens and green sustainable projects in empty land swaths all over Wilkinsburg. Because of this project, Hamnett Place will have 27 new households moving into these newly restored buildings by Fall 2011.
As the projects move along, please contact Diana Sadler at NDC Real Estate Management, Inc., at (412) 647-7415, or by emailing email@example.com for rental inquiries.