The Standard on Fifth

The Standard on Fifth
Development Address: 
2116-2130 Fifth Avenue
Score: 
82%
Disposition: 
Aligns with Master Plan
Developer/Owner: 
Beacon Communities
Project Status: 
Approved
Development Category: 
Housing

    July 2022

    • Developer submitted to the Development Review Panel

    September 2022

    • Developer presented to the Development Review Panel
    • Beacon Communities and Uptown Partners are proposing new construction of 51 apartments on Fifth Avenue near Moultrie St. The new building will consist of a mix of workforce housing, market rate housing, and affordable housing. Construction is proposed to start in mid- to late-2023.
    • Total number of units are 51
    • 11 of those units are market rate
    • 40 are affordable
    • 51% of units will be affordable to households at 51% AMI or below; 27% to households at 60% AMI or below
    • 3 parking spaces for quick drop offs
    • The DRP determined the project was not in alignment and scored the project a 79%- C
    • Developer is being scheduled to present to the DRP committee to incorporate feedback

    November 2022

    • The Development Team presented during the November DRP meeting, in response to the given feedback
    • DRP determined that the proposed project was in better alignment with the Greater Hill District Master Plan giving a score of 82% - B
    • The Development Team has been invited to formally present to the broader Community during the Quarter Community Meeting in March 2023

    April 2023

    • The development project was given a score of 82% - B by the DRP, and found to be in alignment with the Master Plan.
    • Hill CDC submitted a letter of suport reflecting the process on April 27, 2023

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