Germantown YWCA Community Meeting Presentation

INTRODUCTION

Goals
GOALS
Transform - Sense of Place - Sustainable

KBK Enterprises
20 $1B
EXPERIENCED
20 YEARS
A TRUSTED LEADER IN
MIXED INCOME HOUSING
15 YEARS
LONG STANDING RELATIONSHIP
WITH CITIES AND HOUSING
AUTHORITIES
OVER
IN REAL ESTATE DEVELOPMENT
$1M
OVER
IN SUPPORTIVE SERVICES
DEVELOPMENT TEAM
OF PROFESSIONALS
NATIONAL SUCCESS AT
M/WBE & SECTION 3
EMPLOYMENT
AFRICAN AMERICAN
OWNED REAL ESTATE
DEVELOPMENT COMPANY
REAL ESTATE DEVELOPMENT CONSTRUCTION PROPERTY MANAGEMENT
RECEIVED LARGEST
AWARD TO A
MINORITY OWNED
BUSINESS IN
MULTIPLE CITIES
RECEIVED PHFA’s
PIONEER AWARD
LARGEST
ENTERPRISE GREEN
COMMUNITY IN
SOUTHWESTERN
PENNSYLVANIA
LARGEST TAX
CREDIT AWARD IN
U.S. HISTORY

The Heritage—Columbus, OH
The Heritage (f.k.a. Agler Green) is a 384 unit project
based Section 8 development on 35 acres.
The once crime riddled development known as
“Uzi Alley” has 100% occupancy. The Heritage at
the time it opened for leasing in 2003 had 1000
applicants and a two year waiting list. It continues
to be a marquee development in Columbus,
OH. Part of the attraction is the size of the units,
which are very large for a project based Section 8
property. The Heritage was the largest affordable
housing development in the State of Ohio for
two years and the largest single project in Ohio
Capital Corporation for Housing’s (OCCH) equity
investment portfolio. This property was featured
in Affordable Housing Finance magazine for its
creative finance structure and was recognized by
HUD for having completed the first IRP Decoupling
through OMHAR in the country. The property
features a community center, five playgrounds
and basketball courts. Residents have been able
to participate in numerous activities sponsored by
The KBK Foundation, the community supportive
services entity of KBK Enterprises. The total project
cost for this development was $26 million.
16

HERITAGE HIGHLIGHTS
Provide after-school programming for
students at the site.
Established a “Virtual High School” with the
Columbus Public Schools at the
site and have graduated over 100 youth at risk
of drop out.
Provide GED training, ESOL and interpretation
services at the community.
Established a quarterly newsletter for the residents
and community stakeholders.
Established and continue to have an annual
community day celebration since 2003.
Established a block watch with
neighborhood groups.
Established activities for youth and seniors as
well as host events at our sites to support and
educate families about services available in
the city.
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19

Garfield Commons—Pittsburgh, PA
KBK Enterprises was selected as the developer to
rebuild the Garfield Heights public housing community
where over 325 units existed. We have
worked to complete this 225 unit mixed income
development in four phases on time and on budget
with no change orders. While each phase has
been relatively small, KBK was awarded Low Income
Housing Tax Credits for all four phases consecutively
and has been successful in completing
each phase within a year. We were able to develop
this multi-phased project now re-named Garfield
Commons, while maintaining a strong connection
to the community and its overall architectural
and market relevance. This project achieved high
“green” standards established by the Pennsylvania
Housing Finance Agency, employed a record
number of Section 3 employees, hired a record
number of MBE/WBE contractors, and provided a
training site for the local Youth Build program. We
engaged the community by working with the former
resident council, Garfield Jubilee, Bloomfield
Garfield Corporation, the local National Association
of Minority Contractors (NAMC) and the African
American Chamber of Commerce of Western
Pennsylvania along with the community. The total
project cost for this development was over $100
million with all phases completed in 2013. The
Community Center was named the Pride Center
after the passing of Keith B. Key’s longtime friend
who lived on Fern Street.
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Hired the largest number of MWBE
contractors in the City’s history at
49% ($27 million in residential
construction contracts).
Hired the largest number of Section 3
employees in the City’s history at
54 employees.
Established a scholarship at the area high
schools called The Challenge Program.
Provided an academic scholarship to residents
of KBK owned and managed properties.
The KBK Foundation contributed $50K
towards the purchase of washers and dryers
for our residents so that everyone would have
one in their unit.
The KBK Foundation committed $250k to
purchase computers for each household at
Garfield Commons along with training classes.
The Foundation committed another
$250k to make the community wireless.
Garfield Commons HIGHLIGHTS
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26

PRIDE CENTER
(GARFIELD COMMONS RESIDENT CENTER)
29

MARRERO COMMONS, NEW ORLEANS, LA
After Hurricane Katrina devastated New Orleans
in 2005, President & CEO of KBK Enterprises,
Keith Key headed down south to help the National
Baptist Convention, the largest African American
religious group in the country for which he
was a board member of its housing corporation.
While helping out he came into contact with the
BW Cooper Resident Management Corporation
(RMC). That group and KBK Enterprises decided
to form a relationship so they could find a way to
redevelop the Katrina ravaged BW Cooper Community,
formerly know as the Calliope Projects.
Two years later KBK was selected as the developer
for the revitalization and redevelopment of
BW Cooper, now renamed, Marrero Commons
after staunch, resident advocate Yvonne Marrero.
BW Cooper was the largest public housing
community in the state with over 1500 units on
56-acres near the New Orleans Superdome that
was redeveloped into a mixed income community
that includes affordable, public and market rate
housing. The total project cost was $250 Million.
This community was home to several influential
and notable people including the Neville Brothers,
rapper Master P, doctor Harold Sylvester, and
musicians Willie Tee and Henry Buttler, along with
singer, Lloyd. Phase 1 was $150 million consisting
of 250 units, with Phase 2 at 160 units. Marrero
Commons Phase 1 was completed in 2013 and
Phase 2 in 2015.
30

MARRERO COMMONS-HIGHLIGHTS
Funded activities organized by the
Resident Management Corporation
for youth and seniors.
Recognized by the former HUD Secretary,
Shaun Donavan in August 2011 as having
the largest Section 3 hiring in the country
for a project of this size (164 employed)!
Established a partnership with BW Cooper
Resident Management Corporation
to develop this $250 million project and
to provide the RMC management
service opportunities when completed.
The KBK Foundation has held
fundraisers in New Orleans
to support activities for residents.
Currently has the largest MWBE
contracting in the city’s history at 66%.
Funded a program to teach community youth
about aviation.
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33

Skyline terrace-pittsburgh, pa
KBK was selected as developer of Skyline Terrace
(f.k.a. Addison Terrace), a former public housing
community, situated in the center of Pittsburgh’s
Historic Hill District. The redeveloped Skyline is
on approximately 65-acres and was formerly comprised
of 734 barrack-style row houses. With most
of the units dating back to the 1940’s the plan was
to replace the units with a 400-unit townhome,
mixed-income development. This would include
market rate and subsidized housing. The new
housing would be constructed over the next six
years in phases that would take place on the former
Addison Terrace and off-site locations. The
award for Skyline Terrace is the largest award to a
minority enterprise in the history of Pittsburgh, at
approximately $160 million, surpassing KBK Enterprises
previous largest project award, Garfield
Commons at $100 million. The first phase of Skyline
Terrace was over $90 million and was completed
in 2015.
36

SKYLINE TERRACE-HISTORICAL RELEVANCE
May 14, 2015 marked the official opening of Skyline
Terrace during a Ribbon Cutting Ceremony.
Development partner Keith B. Key had a personal
stake in creating the new community along with
The Housing Authority of the City of Pittsburgh.
He held up one of the old Addison building number
signs 2071 Bentley Drive, the address of the
home where his father once lived. This was a special
day for everyone involved, especially for Mr.
Key who was born over on Chauncey Drive and
grew up on Somers Drive, both in the Hill District.
He commented, “I’ll never forget where I’m
from.” Mr. Key was especially proud of the work
the residents did in pushing him, the city, and everyone
involved to be better, and in employing
minority businesses and hiring residents to work
on the project. Everyone praised the cooperation
between the city, county, state and federal agencies,
the developers, and the residents who made
the project possible. The event also allowed the
Housing Authority and Mr. Key to showcase the
community’s state-of-the-art community center.
The center was named for the former Tenant
Council President Ella Mae Hillman who, as several
speakers mentioned, made sure the promises
to the residents about amenities, access, services,
and right to return were kept.
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PHASE ONE-HIGHLIGHTS
Largest award to a minority enterprise in
Pittsburgh’s history - over $160 million.
Phase 1 is over $90 Million (Demolition, Site,
Infrastructure and Residential Development).
Largest Enterprise Green Community
in Pittsburgh.
Largest award to a minority general contractor
(Alliance Construction) over $50 million.
State-of-the-art community building with wi-fi
access, and community park.
Between Phases 1 and 2, there was a total 53%
MWBE participation in residential construction
and the largest Section 3 hiring in Pittsburgh’s
history at 69 employees.
All new infrastructure: streets, curbs, sidewalks,
and street lights, beautiful landscaping, incredible
views of downtown Pittsburgh, the historic
Hill District, and the South Side along with the
Monongahela River.
38

SKYLINE TERRACE EXTERIOR
39

ELLA MAE HILLMAN CENTER
(SKYINE TERRACE RESIDENT CENTER)
44

45

SKYLINE TERRACE PHASE 2
PHASE TWO-HIGHLIGHTS
The award for Skyline Terrace is the largest
award to a minority business enterprise in the
history of Pittsburgh, at approximately $160
million, surpassing KBK Enterprises previous
largest project award, Garfield Commons at
$100 million.
Phase 2 of Skyline Terrace features 90 residential
units that occupy Bentley Drive. 54 units
are located in a single, four-story, garden-style
building with an elevator known as “The Lofts.”
Largest award to a minority enterprise in
Pittsburgh’s history.
Largest award to a minority general contractor
(Alliance Construction) over $50 million.
State-of-the-art community building with wi-fi
access, and community park.
Between Phases 1 and 2, there was a total 53%
MWBE participation in residential construction
and the largest Section 3 hiring in Pittsburgh’s
history at 69 employees.
48

50
THE LOFTS

PROJECT DESCRIPTION

Project Overview
Former Development Plan
47 units of Workforce Housing
Workforce Housing at 115% AMI
Current Development Plan
45 units of Affordable Housing
• 22 units at 60% AMI
• 18 units at 50% AMI
• 5 ADA units at 20% AMI (Project-based Vouchers)
Income Limits
1 Person $46,920
2 Persons $53,580
3 Persons $60,300
4 Persons $66,960
Units
Studios 3 536-540 SF $1,173
1bdrm lofts 26 500-627 SF $1,256
2bdrm lofts 16 804-1106 SF $1,507

Development Program
Site Summary
• 18 parking spaces, including 4 van-accessible spaces
• Landscaped courtyard
• Accessible entrance at Vernon Park side
Building Summary
• Renovate/restore historic character: windows, terra cotta and brick details, front entry
• Restore character of key interior spaces: lobby, monumental stairs, reception rooms,
fireplace surrounds
• Mix of residential, commercial and tenant amenity spaces
Floor 1 BR 2 BR 1 BR Loft 2 BR Loft Amenity Commercial
LL 8 2 674 SF
1 st 1 1 108 SF 2,337 SF
2 nd 1* 4 9 1 25 SF
3 rd 5* 5 25 SF
4 th 5* 3 1,716 SF*
Total 20* 15 9 1 45 Units 2,548 SF* 2,337 SF
* Includes 3 Studio Units (total of 3 units) *Includes 4 th floor 720 SF outdoor terrace

PROPOSED DESIGN

Site Plan
Site Plan

Site Plan
Site Plan

Site Plan
Site Plan

Front Elevation

Rear Elevation

Park Elevation: Existing

Park Elevation: Proposed

Mural Elevation: Existing

Mural Elevation: Proposed

Lower Level Plan: Unit Types

First Floor Plan: Unit Types

Second Floor Plan: Unit Types

Third Floor Plan: Unit Types

Fourth Floor Plan: Unit Types

Typical 1-Bedroom Unit

Typical 2-Bedroom Unit

Typical Loft Unit

4 th Floor Plan
Lobby/Commercial Spaces

Lounge, Fitness & Sun Terrace
4 th Floor Plan

IMPLEMENTATION

Project Timeline
October 12, 2023: Community Meeting
November 13, 2023: RFP for Affordable Rental and Special-Needs Housing Development Due
December 15, 2023: Low-Income Housing Tax Credit Application Due to PHFA
Fall 2024: Construction Start
Fall 2025: Construction Completion

Thank you…