ROEM HOMES FOR NON-MILLIONAIRES

Contrary to conventional wisdom, not everyone in Silicon Valley is an IPO millionaire. ROEM Corp, in partnership with the City of Mountain View, broke ground on Franklin Street Family Apartments, a $23.4M, 51-unit affordable community. Designed by KTGY Group, the project (135 Franklin St) will consist of a three- and four-story C-shaped building in traditional Mediterranean colors and is aiming for LEED Gold. Financing includes 4% low-income housing tax credits along with support from City of Mountain View, Citi Community Capital, and AEGON Group.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Raleigh/Durham Newsletters
Related Stories

Former Randolph Event Venue Planned For 200-Room Hotel, Theater

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

What's At Stake For CRE In Tuesday's U.S. Midterm

Orchard Partners Selects JLL To Market 892K SF Manufacturing Campus In Brisbane: The San Francisco Deal Sheet

Taiwan Semiconductor Manufacturing Co. Could Expand In North Texas

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

EXCLUSIVE: Downtown Houston+ Targets Grocery Gap, Pedestrian Experience With New Programs

140-Acre Attleboro Golf Course Hits Market, Pitched For Redevelopment

Foundry Robotics Leaves San Francisco For New East Bay HQ

Why Research Triangle Park Life Sciences Is Turning Toward Manufacturing And Flexible Spaces

Capital Flooded Into Bay Area Apartments. Then Treasury Yields Spiked

Tenant Rep Firm Expands To Philly, Hires Industry Veteran