COMMUNITY DEVELOPMENT

In addition to socially responsible real estate projects, Integral’s Community Development division undertakes people-centered community transformations - not simply transactions. This unique vision was first put on display in Atlanta through Integral’s work as Manager of the Joint Venture that partnered with the Atlanta Housing Authority (AHA) to plan and implement the revitalization of the site of the nation’s first public housing project. The result was a 60-acre comprehensive revitalization and the nation’s first HOPE VI community revitalization, known today as Centennial Place.

 

At its core, Centennial Place involved the creation of a community, anchored by mixed-income housing, an early childhood development center, a Science, Technology, Engineering, Arts and Math (STEAM) School, human support services and a set of strategically integrated initiatives that reinforce the quality of life in the community, linking the community to the broader neighborhood.

 

Designated as HUD’s National Model for Urban Revitalization, Centennial Place gave birth to the legal, regulatory and financial model that made the implementation of these mixed-income, mixed-financed, mixed-use revitalization projects possible.  Today, the work and its core vision have been codified and copied broadly in Atlanta and across the country, and is the foundation of what is affectionately known today as “The Atlanta Model.

 

In essence, Integral’s community development work includes:

 

  • Physical development components – mixed-income, rental projects; for-sale mixed-income developments; senior independent living developments; senior assisted living developments; retail; and
  • “Quality of Life Infrastructure” that includes early childhood development, K-12 education, recreation and wellness facilities and support services that help families achieve self-sufficiency.

 

In addition to the master planning of many community transformations, the company’s community development operation has created several branded products that include:

  • The Ashley brand – Mixed income, multi-family rental developments;
  • The Veranda brand – Senior independent living developments; and
  • The Oasis brand – Senior assisted living developments.

 

The team has successfully completed more than 50 mixed-income, mixed-financed projects in over 12 cities and 9 states, comprising over 8,000 housing units in community revitalizations with total development cost in excess of $1.5 billion.

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