• Project: St. Paul Senior Living I & II
  • Location: Capitol Heights, MD
  • Project Status: Completed
  • Project Type: New Construction
  • Value: $35 Million
  • Services Provided: Development Services

St. Paul Senior Living I & II is owned by Velocity Capitol LLC. The St. Paul Senior Living I & II project was a new construction development project of 115 and 110 units, respectively, for independent living apartment units for active adults over 62 years old located in Capitol Heights, MD. The properties are a four-story, elevator building. The equity syndication: Boston Financial; Prince George’s County Home/ CHDO; CDA-RHPP Loan and LIHTC 9% Awarded, State of Maryland. The project total was $35,000,000. The project was completed in 2007.

St. Paul Senior Living at Wayne Place 1

St. Paul Senior Living at Wayne Place 1

St. Paul Senior Living at Wayne Place 2

St. Paul Senior Living at Wayne Place 2

St. Paul Senior Living at Wayne Place 3

St. Paul Senior Living at Wayne Place 3

ST. PAUL SENIOR LIVING I

  • 115 apartment units
  • Project total $20,000,000
  • Phase I completed in 2003

ST. PAUL SENIOR LIVING II

  • 110 apartment units
  • Project total $15,000,000
  • Phase II completed in 2005