Building Data
Project Studios 1BR 2BR 3BR Total Affordable Residents Students
Dev01 587 Main 54 125 101 0 280 0 607 16
Dev02 The Printhouse 24 26 11 0 61 0 109 2
Dev03 V Boutique Hotel 0 0 0 0 0 0 0 0
Dev04 Church and Division Tower A 54 151 144 5 354 0 808 23
Dev04b Church and Division Tower B 63 166 144 3 376 839 23
Dev05 The Standard 13 92 7 0 112 0 218 2
Dev06 45 Harrison 26 105 105 26 252 823 22
Dev07 Millenia 0 110 11 0 0
Dev08 La Rochelle Expansion 0 0 0 0 0 0 0 0
Dev09 Watermark Pointe 72 72 0 0 0
Dev10 NewRo Studios 73 0 0 0 73 10 73 0
Dev11 Pratt Landing 0 0 0
Dev12 The Rockwell 36 99 44 10 189 19 406 10
Dev13 North Ave West 16 40 17 3 76 1 159 4
Dev14 The Huguenot 20 33 7 0 60 7 100 1
Dev15 10 Commerce 53 64 55 0 172 17 346 9
Dev16 The Grand 0 0 0
Dev17 26 Garden St 187 0 0
Dev18 500 Main 100 230 132 0 462 46 956 0
Dev19 14 LeCount - Phase 1 84 207 87 0 379 76 656 15
Dev20 277 North 106 205 128 3 442 44 912 22
Dev21 2 Hamilton 17 24 13 2 56 6 112 3
Dev22 Craft Building 10 55 10 0 75 75 150 3
Dev24 Centre Pointe 48 72 24 0 144 14 183 5
Dev25 11 Garden Street 219 219
Studios 1BR 2BR 3BR Total Affordable Residents Students
Totals 797 1,694 1,029 124 4,151 545 7,457 160
Financial Data
  Project Budget As Is Tax Full Property Tax PILOT PILOT (yrs) Owner Savings Mortgage Tax Exemption Fair Share Mitigation
Dev01 587 Main $11,000,000 $1,107,000 $31,125,309 $18,775,672 20 $12,349,637 $1,015,300 $488,986
Dev02 The Printhouse $21,823,758 $ $ $798,848 $ $156,040 $
Dev03 V Boutique Hotel $0 $ $ $0 $ $ $
Dev04 Church and Division Tower A $161,177,013 $ $ $13,814,626 $ $1,047,651 $732,807
Dev04b Church and Division Tower B $173,799,160 $ $ $0 $ $1,129,695 $749,901
Dev05 The Standard $22,500,000 $1,449,508 $8,664,756 $5,250,823 20 $3,413,933 $306,333 $128,586
Dev06 45 Harrison $ $ $ $ $ $ $
Dev07 Millenia $ $2,122,375 $8,595,883 $5,079,297 20 $3,516,586 $ $148,258
Dev08 La Rochelle Expansion $7,400,000 $ $26,788,549 $10,627,139 11 $16,161,410 $ $
Dev09 Watermark Pointe $ $ $ $ $ $ $
Dev10 NewRo Studios $17,930,240 $724,481 $4,834,356 $1,956,694 20 $2,877,662 $143,392 $60,692
Dev11 Pratt Landing $ $ $ $ $ $ $
Dev12 The Rockwell $90,000,000 $ $ $4,700,000 $ $395,000 $232,709
Dev13 North Ave West $ $ $ $ $ $ $
Dev14 The Huguenot $18,710,836 $850,408 $4,766,808 $2,890,856 20 $1,875,952 $158,600 $62,437
Dev15 10 Commerce $57,000,000 $2,946,785 $15,776,889 $9,573,415 20 $6,203,474 $342,511 $251,243
Dev16 The Grand $ $ $ $ $ $ $
Dev17 26 Garden St $ $ $ $ $ $ $
Dev18 500 Main $ $ $ $ $ $ $705,627
Dev19 14 LeCount - Phase 1 $166,172,158 $3,592,085 $32,994,680 $20,353,095 30 $12,641,585 $1,148,000 $566,141
Dev20 277 North $200,513,619 $3,345,620 $42,235,076 $19,558,107 20 $22,676,969 $1,303,339 $696,000
Dev21 2 Hamilton $18,383,385 $1,453,347 $5,524,102 $3,369,375 20 $2,154,727 $119,142 $107,335
Dev22 Craft Building $18,033,751 $1,187,388 $10,897,872 $4,161,061 30 $6,736,811 $136,500 $0
Dev24 Centre Pointe $0 $ $ $ $ $ $184,908
Dev25 11 Garden Street $ $ $ $ $ $ $
  Totals $984,443,920 $18,778,997 $192,204,280 $120,909,008 $71,295,272 $7,401,503 $5,115,630
    Budget As Is Tax Full Property Tax PILOT Owner Savings Mortgage Tax Exemption Fair Share Mitigation

*Data listed here is subject to change. FOIL/FOIA requests are pending to obtain any missing data. Some of these numbers are estimated. Data comes from city documents.

** GLOSSARY TERMS: "As Is" taxes are the taxes of the property before development. Full Property Taxes are the taxes of the property after development. PILOT means Payment in Lieu of Taxes, which is less than full property taxes. Owner savings is the property tax abatement in dollars and as a percent of Full Property Taxes. PILOT length is the number of years that the PILOT is in effect. Fair Share Mitigation (FSM) fees are monies collected by the City from the developer to cover future infrastructure needs. The school system gets approximately 2/3 of the FSM fees. Only developers in Downtown Overlay Zone pay FSM fees.

*** Residents are calculated as follows: Studios = 1, 1BR = 1.5, 2BR = 3, 3BR = 4.5 (NDC formula) Students are calculted as follows: Studios (*0), 1BR (*0.014), 2BR (*0.141), 3BR (*0.213) (NDC formula)

*Data updating and collection is done by volunteers and may contain the occasional error or miscalculation.