The Standard on Fifth

Development Address:
2116-2130 Fifth Avenue

Disposition:
Aligns with Master Plan

Developer/Owner:
Beacon Communities

Project Status: Approved, Under Construction

Category: Housing

Score: 82%

July 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

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

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

Documents:		Size:
	The Standard on Fifth Schematic Plans	20.20 MB
	The Standard on Fifth Project Team Information	62.69 KB
	The Standard on Fifth DRP Proposed Development Checklist	85.66 KB
	The Standard on Fifth Development Review Panel (DRP) Project Summary	383.99 KB
	The Standard on Fifth Official Letter of Support	148.69 KB