- 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 2
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