One of the largest Black-owned real estate companies in the country is working with residents of a co-op in San Francisco’s Fillmore neighborhood to redevelop the current sub-standard homes into a $2 billion mega-project of market-rate and affordable housing, plus an innovation center to spur local jobs. Come hear the story from the developers and community leaders themselves at a free lunch ‘n ‘learn webinar at noon PT on Wednesday, April 7th, which I’ll be moderating.
The $2 billion project will transform the Fillmore District and potentially provide a community-based model for housing redevelopment around the country. Rather than being displaced, the current, predominantly African American co-op residents will be able to move into a new eight-story apartment building at no additional cost. The residents will then receive a 15% profit share in the new market-rate units, which include new buildings rising 12 and 18 stories, as the San Francisco Chronicle reported last year.
The webinar will feature:
- Victor McFarlane, chairman and CEO of MacFarlane Partners
- Mattie Scott, President of the Freedom West board of Directors
- Landon Taylor, Co-founder of Legacy First Partners and lead advisor to Freedom West Homes Corp.
The event is organized by the Council of Infill Builders and sponsored by Allen Matkins. Register here!
