SOCIAL IMPACT
The Firehouse project has been a rewarding opportunity for the development team to leverage their real estate expertise and professional networks to benefit the relationships fostered within the community. Over the past 2 years, they have engaged with students, professionals & community members to provide unique educational opportunities and professional development experiences associated with the preservation and re-development of the historic Firehouse building.
Social cohesion and belonging are key goals, and the Firehouse project acknowledges the ongoing generational and cultural shifts due to recent redevelopment efforts. The team has made the following investments and commitments through both financial and social capital to achieve these goals.
OPPORTUNITIES
JDT leverages its projects as educational opportunities and allocates resources to develop and manage multi-generational workshops and industry exposure initiatives across the project cycle. We have allocated resources towards creating and managing a robust series of multi-generational workshops and industry exposure opportunities during construction and post-development of this project. Many professionals involved within the project will donate time to mentoring or providing network expansion opportunities over the life cycle of the project.Â
10% of the residential units in the project will be offered to local Seniors and low income households and rented at 65% of the area’s median income (AMI). This will provide an equitable housing opportunity for those currently residing within the community.
The development team has worked to build partnerships with South Kensington Community Partners (SKCP) and other key community stakeholders. These organizations are the fabric and culture of the existing community. We will continue to strengthen these relationships to ensure the community’s voice is amplified during this process and to ensure the development team’s initiatives are in alignment with their respective missions and established values. The team is currently working in partnership with SKCP on strategic program development, in addition to providing the organization with local community space for their operations.
