Papamichael says the developers wanted to offer a first-rate, energy-efficient rental property for hardworking families—an unusual priority in the affordable housing arena. Papamichael points out that the project sports a very traditional style that is in keeping with the apartment’s surrounding neighborhoods. “We wanted to implement green standards whenever feasible,” he says.
The development also features a clubhouse with a fitness center, classrooms, and meeting areas. A nearby museum will offer monthly displays in the community center at Overlook, which Papamichael says is the first of many green projects for the company.
The project’s first phase was completed in June 2006 at a cost of $10 million, with 64 affordable units ranging in size from 700 square feet to 1,100 square feet. The Overlook is situated on a 25-acre site with a density of five units per acre. —Abby Garcia Telleria
PARKING SPOT Here’s a sampling of parking rules in West Coast cities.
DOWNTOWN LOS ANGELES:
2.25 parking spaces per unit
PORTLAND, ORE. (CENTRAL CITY DISTRICT):
No minimums and a maximum of 1.3 stalls per unit to 1.7 stalls per unit
BELLEVUE, WASH.:
No minimums and a maximum of 2 parking spaces per unit (some areas have a minimum of 1 per unit)