Xpera CM Wraps Up San Diego Affordable Community
- Apr 19, 2017
Xpera CM has completed construction on Atmosphere, a 205-unit affordable housing community in downtown San Diego developed by Wakeland Housing and Development Corp. The $79.3 million project funded through both 9 percent and 4 percent tax credits had a total construction cost of $60 million.
Atmosphere comprises 154 units that cater to families earning between 30 and 60 percent of the San Diego area median income and 51 units of permanent supportive housing for vulnerable adults due to homelessness, mental disability or age. Located at 1453 Fourth Ave. in downtown’s Cortez Hill neighborhood, just off Interstate 5, the 12-story building features a rooftop terrace and three levels of underground parking. Tenants have already begun moving in.
Since May 2015, Xpera CM was in charge of pre-construction design management, budgeting and cost management, entitlement, permitting and contractor and project team selection. Suffolk Construction was the general contractor of this project designed by Joseph Wong Design Associates.
Other affordable housing projects Xpera CM completed for Wakeland include the 2016 mixed-use Lofts on Landis community in Chula Vista and Home Front at Camp Anza, a historic rehabilitation project at the former site of a WWII U.S. Army training camp in Riverside, Calif.
Image courtesy of Xpera