The year 2016 was an eventful one for home building.
Outstanding Developments Recognized
The urban Land Institutte (ULI) presented its 1999 Awards for Excellence at a ceremony held at ULI's annual fall meeting in washington, D.C.
The Urban Land Institute (ULI) presented its 1999 Awards for Excellence at a ceremony held at ULI’s annual fall meeting in Washington, D.C. Eleven outstanding real estate development projects were recognized. Bonita Bay in Bonita Springs, Fla. won in the large-scale residential category. The project, which opened for sales in 1985, is a 2,400-acre golf course community located on the state’s southwest coast. Developer Bonita Bay Properties Inc. was recognized for responsible and innovative development in order to preserve, and in some areas enhance, the environmental integrity of the site.
East Point in Milwaukee, Wisc. was recognized in the mixed-use small-scale category as a successful example of urban housing and neighborhood revitalization. Owned and developed by Milwaukee Redevelopment Corp. and Mandel Group Inc., the development is credited with reversing neighborhood decline, spurring new neighborhood investment, and giving the entire downtown/lower east side community an economic boost.
The award in the residential small-scale division went to Normandie Village in Los Angeles. The large-family rental affordable housing development is located on a half-acre infill site in the East Hollywood area. Co-general partners are O.N.E. Company, Inc., a female- and minority-owned firm, and Search to Involve Philipino Americans, a community development program serving the Philipino American community Los Angeles.
Other winners were selected in rehabilitation, commercial, recreational and international categories. Projects are evaluated on the basis of financial viability, resourceful use of land, design, relevance to contemporary issues, and sensitivity to the community and environment.
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