In Pacific Business News’s article, More details revealed on Longs-anchored Leeward Oahu shopping center, reporter Duane Shimogawa discusses the new Nanakuli Village Center. Here is an excerpt from the article from January 20th, 2017.
Duane Shimogawa reported in The Pacific Business News about our project, the Nanakuli Village Center in the article called, Long-Planned Oahu Shopping Center Could Be Done In 2017.
Here is an excerpt from the January 13th, 2017 article:
The long-planned Nanakuli Village Center in West Oahu is projected to open as early as this year, according to a new report by commercial real estate firm Colliers International Hawaii.
The Department of Hawaiian Home Lands and the Nanakuli Hawaiian Homestead Community Association are the developers of the 34,733-square-foot Longs Drugs-anchored shopping center in Waianae, which could be completed in the 2017-18 timeframe, according to the report.
The center also could include such tenants as Starbucks, Supercuts, Pizza Hut, Wendy’s and L&L Hawaiian Barbecue, according to marketing materials from Sofos Realty Corp., which is handling leasing for the Farrington Highway center.
The center, located on Farrington Highway near Nanaikapono Elementary School, will have about 16 other small retail tenants.
The Stockton Record’s artcile, “New Affordable Housing Projects In Line For $2.6M Boost” reports about our upcoming project, the Medici Artist Lofts. Record Staff writer, Roger Phillips reports about the new development in downtown Stockton.
STOCKTON – Completing a four-month competitive process, the city is expected tonight to award $2.687 million in federal funds to the developers of three projects that propose to create sorely needed additional affordable housing in Stockton.
The funding, which is pending approval by the City Council, is good news for the developers of the three projects selected.
But five other groups that sought a combined $5.7 million for seven other proposed projects most likely will leave tonight’s meeting empty-handed – a clear sign that funding lags far behind demand when it comes to the development of affordable housing.
“There’s just not enough money out there,” said Carol Ornelas of Visionary Home Builders, who was shut out on her two bids worth a combined $1.6 million.
The San Joaquin County Housing Authority also fell short on its two proposals, worth a total of nearly $1 million.
“I fully understand there’s more need than there are dollars, but I feel I have to advocate for my projects, too,” said Peter Ragsdale, who heads the Housing Authority.
Ragsdale said he plans to attend tonight’s council meeting.
The city is recommending the council approve three projects:
Medico Artist Flats, $2.25 million. DFA Development is planning a 41-unit multifamily project in the 12-story Medico-Dental Building at Sutter Street and Miner Avenue downtown. Thirty of the units would provide affordable housing.
The project is by DFA Development, which is responsible for the Cal Weber 40 affordable housing project completed downtown earlier this year. Cal Weber 40 was fully leased well before its opening.
Medico Artist Flats is to be the first concrete result of the ambitious Open Window Project to revitalize downtown, a 15-square-block plan unveiled by the Ten Space development firm nearly two years ago.
In his letter to The Record Peter W. Ragsdale writes
I write to thank you for the coverage in the Feb. 9 Record on our ribbon cutting at the Conway Apartments, one of the many public housing properties managed by the Housing Authority of the County of San Joaquin.
However, I’d like to clarify some of the financial points covered in the article. While HUD estimates a capital backlog of public housing in the billions, absent an increase in funding, there are no current opportunities available from HUD to meet these needs. Thus, while our local HACSJ receives approximately $1.8 million dollars annually in Capital Fund dollars from HUD, this sum only addresses a small portion of our properties’ capital needs. This reality has existed for almost 10 years and must be immediately addressed.
Therefore, most public housing authorities (“PHAs”) have, over the last five-plus years, looked for other options and have not rested on their laurels. Most PHAs have applied for Low Income Housing Tax Credits (“LIHTC”) Program. This LIHTC Program, which is co-administered by the Internal Revenue Service (IRS) and the California Tax Credit Allocation Committee (TCAC), provides capital funding to develop affordable housing.
Most nationwide experts and experienced public housing executive directors agree that this program remains the best vehicle to modernize public housing stock. Frankly, the combination of tax credits for development and rental subsidy from HUD, are currently the only truly effective method to meet the billions of dollars needed to modernize the public housing properties in the county. The time is now for this agency to explore new funding opportunities.
Although the Authority has not been involved in tax credit development, the HACSJ’s Board of Commissioners and I recognize this priority and are taking steps to move into this program by agreeing to participate as a non-profit sponsor in partnership with DFA Development for the development of Cottage Village Apartments in Manteca. This first step in evaluating the tax credit application process is a necessary, and frankly, a critical step to protect this needed community public housing.
Again, thank you for coverage and I appreciate all the support, effort and kind works that make the occasion of a ribbon cutting memorable.
— Peter W. Ragsdale is executive director of the Housing Authority of the County of San Joaquin.
Staff writer, Roger Phillips, from The Record reports on Stockton’s downtown transformation. Here is an excerpt form his Feb. 19, 2016 article:
The path a pioneer travels always is a bumpy one, a lesson attorney Jacob Loyal Benguerel was learning roughly one year ago at this time as he struggled to fully establish his law practice on the frontier of Stockton’s downtown. Benguerel, 36, had bought the old Stockton Morris Plan Company building and had spruced it up both outside and in. But that’s when the problems began, as the neighborhood’s persistent issues of crime and trash and the graffiti of a tagger named Earl hamstrung Benguerel’s best efforts to reclaim and restore his small slice of downtown Stockton. One year later, however, Benguerel says he has seen dramatic improvement.
“There’s a whole lot more energy,” Benguerel said recently. “You’re hearing about more and more people coming downtown. As far as my own block (crime) has almost stopped. Earl is long gone. We haven’t heard from Earl.”
Benguerel’s observations about the potential for a sustainable restoration of downtown Stockton are reflected in the progress he expects to see in the year ahead. Some of it, he will be able to see from his business’ own doorstep.
TWO HIGH SCHOOL STUDENTS WILL BE AWARDED A $1,500 SCHOLARSHIP AND ARTWORK TO BE DONATED AND AUCTIONED AT U.S.VETS SHELTERS FUNDRAISER
HONOLULU, HI – January 12, 2016 – Wyland Galleries Waikiki Beach Walk, Hawaiian Community Development Board, Pacific Development Group and Trinity Development and Construction unite together to launch the 2nd Annual Wyland Galleries Waikiki Beach Walk High School Art Scholarship Contest (WHAS) with the blessing of Wyland himself on Saturday, January 9, 2016 at Wyland’s Art Show.
Many gathered in awe as they witnessed Wyland sketch, paint and demonstrate his technique first hand in a public art show this past Saturday night. In the midst of all the creativity and inspiration, several young students were able to interview Wyland on why the scholarship contest currently in place is meaningful to him and what is his overall message to the young artist entering.
WHAS 2015 first year proved to be a huge success and captivated the hearts of young art students across the state. Amongst the four students, two winners were awarded a scholarship of $1,500 each that demonstrated outstanding art skills.
Paulena Huynh of Farrington High School and Leilani Herrera of Kapolei High School were the overall winners of WHAS 2015. Their winning art were dedicated to two local affordable housing projects developed by Pacific Development Group and Hawaiian Community Development Board. The winning art pieces are displayed for all to enjoy.
Joe Michael, Vice President of Pacific Development Group, builder of the two affordable housing properties continues to spearhead WHAS and plans to continue aligning the winning art pieces with worthy causes. This year’s beneficiary is the U.S.VETS shelters in Kapolei and Waianae; where the two winning art pieces will be auctioned at their fundraising event held in April and May of 2016. Each art piece will be certified by Wyland and the team as an “Official Wyland Young Artist”.
When asked if U.S.VETS would like to receive the winning art pieces from the “Wyland Young Artist” art contest, Gladys Peraro, Executive Director of U.S.VETS Waianae’s Emergency & Transitional Homeless Shelter stated, “It will be an honor to receive the art pieces for use in the silent auction at our annual Hana Like Kakou (Many Hands Working Together) benefit dinner on April 23rd, to benefit the individuals and families with children that reside in our programs. It truly takes our ‘many hands’ working collaboratively within the community to make a difference in the lives of those whom we serve.”
Wyland shared with young interviewers Frank Fasi III (13) and Kieran Hellum (13) when asked the question of where did you learn your skill, “I learned at an early age however learning is a lifelong progress. I’m still learning. As I dive, I study light beneath the ocean surface and watch how it impacts color and motion. I then swim up and put all on canvas.”
Frank and Kieran continued to ask Wyland what advice can you give young artist? Wyland replied, “This is the best time to be in art. Follow your dreams and continue to do your passion. We need to protect art in education in America.”
These boys although too young to enter the high school contest, have yet even more of a reason to push forward and pursue art and the art of striving to improve. Wyland shared how challenging living your dream in the beginning can be but with perserverence one could achieve “rich art” versus “Bohemian art”. Meaning earning riches in abundance in order to spread good amongst the world to be able to “give back and share forward”, says Wyland.
The 2nd Annual WHAS is one small part of giving back to Hawaii. All partners are honored to offer this program to the local public high schools and U.S.VETS. Here art extends past the schools, Wyland, U.S.VETS but continues to stay alive and well by blessings others in need. The contest runs through March 31, 2016 with the winners to be announced by April 15, 2016. For more details see here:
For more information about the 2nd Wyland Galleries High School Art Scholarship Contest, U.S.VETS and Halawa View Apartments Blessing and Dedication contact Tammy Lynn Fasi at 808.798.5370.
6617 Ainapo Place
Honolulu, HI 96825
The Record’s staff writer, Roger Phillips wrote and article called, “ Inclusionary housing program to be studied” on December 20, 2015.
Here is an excerpt from the article:
STOCKTON — Enacting an inclusionary housing law either would be a potential step toward easing Stockton’s chronic need for suitable homes for the city’s lower-income residents or a communist plot hatched by infidels who worship at the feet of Karl Marx.
It depends on whom you ask.
John Beckman, who heads the Building Industry Association of the Greater Valley, made it clear last week he is no fan of government-adopted inclusionary housing laws. Forcing the wealthier to support the housing needs of those with lower incomes by placing financial mandates on them is “a crazy, harebrained solution,” Beckman said.
“The concept of inclusionary (housing) comes straight from Karl Marx,” he added. “There’s not a more communist-style policy. … You’re singling out the new homebuyer as the one and only class of person in the entire city who can solve a citywide problem.”
With much milder rhetoric than Beckman’s, advocates for affordable housing in Stockton stand at the opposite end of the spectrum. They say inclusionary laws, which require builders to incorporate an affordable-housing component in their market-rate plans, are an idea well worth studying.
“Stockton has a very limited toolkit to encourage the development of affordable housing,” Jon Mendelson of Central Valley Low Income Housing said. “This is a tool the city has not taken advantage of. It’s a tool I believe should at least be considered.”
The City Council voted unanimously last week to support studying whether Stockton should adopt an inclusionary housing program. That study is a small nugget in a 321-page draft of Stockton’s housing-element document projecting the city’s residential needs for the next eight years.
Read the full article here.
Midweek posted great photos from the golf tournament.
Lunalilo Home hosted its 24th annual benefit Golf Tournament in memory of former trustee Stanley Hong at Hawaii Kai Golf Course.
PHOTOS BY BODIE COLLINS
To view the original article click here.
Cal Weber Associates LP and partners DFA Development LLC, Riverside Charitable Corporation, Inc., and PNC Real Estate will celebrate the groundbreaking of “Cal Weber 40” – a Downtown Stockton affordable family housing development, Thursday May 14th. Chris Flaherty of DFA Development & 3 Leaf Holdings will kick off the ceremony by talking about the impact this development will have on the community.
“I believe this project will be a catalyst …to future dwellings being built in the Downtown core. It can be a good showpiece, especially after everything Stockton has been through,” said Chris Flaherty.
Cal Weber 40 (http://www.calweber40.com) will consist of 40 units – 28 apartments with two bedrooms and one bathroom and 12 more with three bedrooms and two baths. The modern apartment complex will boast solar-powered units, a computer lab and a private playground. Located at the corner of N. California Street and E. Weber Avenue, the project would entail renovation of the 123-year-old Cal Weber Building and the 88-year-old McKeegan Building. The project will offer designated parking, common areas, private balconies, as well as an impressive 12’ + ceiling height for third story units. The ground level will remain commercial with the exception of four units located at the north and south entrances in the Cal Weber building residential lobby.
“It’s an exciting project,” said Anthony Barkett, a developer and a business partner of Flaherty. “It’s going to serve families in the $ 30,000 – $ 35,000 range – good, hardworking families with kids who can walk to school. It’s got an urban feel to it.”
Many local organizations, financial institutions, and government leaders played a role in developing this project. Partners in the project include: Cal Weber Associates LP, DFA Development LLC, Riverside Charitable Corporation Inc., PNC Real Estate, City of Stockton, PNC Bank, and Farmers & Merchants Bank.
This project will provide, for the first time in years, a new affordable-housing option for people interested in living Downtown and will be a much needed piece to reenergize Downtown. Micah Runner, Stockton’s Director of Economic Development, said, “A private developer’s desire to bring a residential project downtown is a promising sign.”
STOCKTON, Calif. (KCRA) —The Cal Weber housing project is underway, and on Thursday, some got a tour of what Stockton could anticipate.
“We have two restaurants and (we’re) slated to be a hair salon and (hold retail space),” developer Chris Flaherty said Thursday. Flaherty has lived in Stockton for two decades. He said downtown Stockton would benefit from an affordable housing project. “I don’t like to call it low-income, because (that) brings a lot of different stereotypes,” Flaherty said. “And this is workforce housing, and the people who are qualified to live here are people working around the downtown area.”
“Nothing says a city is healthy again like when you start building,” Stockton Mayor Anthony Silva said. The city needs more houses, Silva told KCRA 3. “Here we are in downtown Stockton, (which) people have sort of left for dead for years,” the mayor said. “It’s nice to see revitalization come to fruition. We just had a census come, saying had a few thousand folks move to the city, but (we) haven’t built in so long.”
Developers said when the project is finished, it’s not only going to provide homes for 40 families, but it will give a face-lift to the city of Stockton. “I’ve been looking at blight for a while and looking at blocks that need energy and talent, and I’m beside myself,” Stockton resident Christian Peterson said. “Stockton is in a transition and I like where it’s heading,” said Samuel Jackson, also of Stockton. The project is set to be finished by 2016.