ARCHITECTURE
artofinequality_150917_web
artofinequality_150917_web
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10 ft 20 ft<br />
Revuelta Vega Leon Architects, Wind by Neo, developed by Neo Epoch I Corp. and Downtown<br />
River Village, Miami, Florida, completed in 2008. Typical floor plans, units K5 and K6.<br />
Drawn by Nabila Morales Pérez.<br />
style is somewhat atypical, however. Of the 75.6 million<br />
owner-occupied units counted by the AHS, only about<br />
744,000 were in buildings containing fifty or more units.<br />
Likewise for the floor plans, which maximize exterior<br />
exposure with a jagged profile that alternates balconies<br />
with bay windows. Apartments are arranged along a double-loaded<br />
corridor, with glazed exposures on one side of<br />
each unit, and an efficient service core tucked against the<br />
inner wall. Outward orientation reigns.<br />
Contrast these outward-looking units to the inward-looking<br />
cells offered to investors in the Corrections<br />
Corporation of America (CCA), a publicly traded Real Estate<br />
Investment Trust (REIT) [See HH: 2015]. The CCA’s<br />
publicity boasts an 85,000+ total bed capacity in 60+ operating<br />
facilities housing 70,000+ inmates in 600+ programs<br />
across the country. 43 Unit plans are unavailable. Founded<br />
in 1983, the CCA “designs, builds, manages, and operates<br />
prisons, jails, detention centers and residential reentry<br />
centers on behalf of the Federal Bureau of Prisons, Immigrations<br />
and Customs Enforcement, the United States<br />
Marshals Service, [and] many states and counties across<br />
the country.” 44 As the “fifth largest corrections system in<br />
the nation, behind only the federal government and three<br />
states,” the CCA enters into public-private partnerships in<br />
which the majority of its facilities are company-owned. 45<br />
This yields profit that can be leveraged, which means that,<br />
like shares of Forest City Enterprises, Inc. (owners of New<br />
York by Gehry), shares of the CCA are traded on the New<br />
York Stock Exchange: prisons as capital.<br />
Among the CCA’s properties is the Adams<br />
County Correctional Facility in Natchez, Mississippi,<br />
with a capacity of 2,567 male inmates. The facility is accredited<br />
by the American Correctional Association (ACA),<br />
which means, according to the company, that it “must<br />
meet nearly 500 professional standards in all areas of<br />
operations, including security, food service, fire/safety,<br />
116 117