Project Description

St. Paul Senior Living I & II is owned by Velocity Capitol LLC. The St. Paul Senior Living I & II project was a new contruction 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. Project total was $35,000,000. Project was completed in 2007.

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

Project Details

Project: St. Paul Senior Living I & II


Location: Capitol Heights, MD


Project Status: Completed


Value: $35 Million


Provided:Developement Services