Keys said the goal for the project is to achieve an average affordable housing rate of 80% of the area’s median income. A primary benefit being an affordable and attainable housing piece as a significant portion of the project.” 'The big idea we have here is taking a project that really has very few community benefits and turning it into a project that has a lot of community benefit.

“We’ve had the privilege of working with Steve Joyce and Nann Worel very closely over the last couple of months after our last meeting looking at possibilities for really big ideas to address a significant issue here in our city, which is affordable housing,' he said. A small portion of commercial space is also included.Ĭrandall Capital’s Justin Keys told the council that the developer is excited to help meet a community need for affordable housing.

The current plans have a much smaller footprint than the film campus plans, and include a mix of market rate and affordable housing units. Plans presented by property owner Crandall Capital were the product of several months of meetings with city staff and council liaisons Steve Joyce and Nann Worel. Conceptual plans still need to go through the planning commission process before final approval by city council.

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