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Developer Tapped for Housing Project Redding Redevelopment Agency recently chose a Long Beach-based nonprofit developer to scope out property and size up potential plans for higher-density downtown housing. Hundreds of Redding-area residents would live downtown if the central district offered old-fashioned yet up-to-date walkup urban apartments or townhouses, a city-commissioned survey found. The City Council in February approved the “Downtown 300,” named for the goal of building at least that many apartments in the city’s old core. The agency chose LINC Housing Corp. over two rivals. The firm has developed some 4,200 apartments, mostly for seniors in Southern California. LINC is building 91 affordable apartments in Anderson and transforming the former Anderson Oaks complex into senior housing. The agency has also drafted Chico-based New Urban Builders to develop loft-style apartments on a half-block along Parkview Avenue south of the Civic Center. New Urban Builders is already on tap to build craftsman-style apartments and a 10-acre subdivision inside the Parkview neighborhood. The city is in the middle of a $20 million campaign to redevelop the neighborhood, which suffered some of the city’s worst crime and blight five years ago. The neighborhood revitalization plan calls for buildings boasting a mixture of shops, offices and apartments along Parkview Avenue. The agency had planned to transform the block between Akard and Leland avenues into mixed use, including the Parkview Market. But the store“s owners prefer modest spruce-ups on their property to a new building, an agency report says. |
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