CARLSBAD, CA – Affordable housing developer Innovative Housing Opportunities (IHO)— along with development partner C&C Development—breaks ground on Pacific Wind Apartments in Carlsbad, CA. Located in the seaside city’s historic Barrio neighborhood just a short distance from the coast, the project has been 10 years in the making and is the result of careful planning, knowledgeable leadership, and creative partnership.
Slated for completion in 2024, Pacific Wind Apartments will primarily comprise families, veterans, and others with special needs. The 89-unit complex’s five two- and three-story buildings will offer one-, two-, and three-bedroom units as well as a two-story community center. Altogether, the community will house approximately 465 residents that are 30% to 60% below AMI.
Pacific Wind is a city-sponsored neighborhood revitalization that includes 25 of 26 parcels on a single block. In 2013, IHO secured and sourced the parcels, which span 4.59 acres. That first phase of Pacific Wind consolidated ownership, unified landscapes, and built trust and support among the residents, neighboring community, and local government.
A small beach community, Carlsbad is tranquil and walkable, boasting an active downtown with a variety of shops, restaurants, and boutiques. Pacific Wind was designed by Bassenian Lagoni Architects to have a distinctive, modern look that complements the beachside architecture of Carlsbad and contributes to its small-town feeling. The massing, detailing, and material palette of the new complex was intentional to make it appear as if it has been part of the community for many years.
“We are committed to high-quality design that will benefit the mixed, multigenerational families and individuals who will live in IHO’s apartment community,” says Rochelle Mills, President and CEO of IHO. “A thoughtful approach to balancing community needs with careful consideration for the context will ensure the long-term success of the project.”
An engaging community program will be facilitated through the clubhouse, which will offer a teaching kitchen for cooking classes, activity spaces for toddlers and teens for afterschool programs, and classroom space for adult education and workforce development. Veterans, as well as persons with intellectual and developmental disabilities, will have access to social services.
Capitalizing on Southern California’s temperate climate, the development will incorporate play areas and patios for tenants to relax and enjoy year-round. Landscape design by Mzaki Design will combine native shrubs, trees, and greenery to reduce water use and complement local vegetation. The landscape will further the design team’s goal of ensuring that the site retains the same vibe as the community at large.
With a budget of approximately $56 million, the project has secured funding from a variety of sources, including Bank of America, California Municipal Finance Authority, City of Carlsbad, and National Equity Fund, as well as federal tax credits.
In addition to IHO, C&C Development, Bassenian Lagoni Architects, and Mzaki Design, the project team includes C&C Construction Services (general contractor), Candela Engineering (electrical), Gouvis Engineering Consulting Group (structural), SWS Engineering (civil), TAD Engineering (MEP), and VBK Consulting (project management).
ABOUT INNOVATIVE HOUSING OPPORTUNITIES
The mission of Innovative Housing Opportunities (IHO) is to enrich communities by providing high-quality affordable housing, where residents can thrive, develop healthy habits, and achieve success and stability. IHO’s California development portfolio provides housing to a wide variety of residents, including seniors, families, foster youth, veterans, those living with mental illness, formerly homeless, developmentally disabled, and other special needs and mixed populations. Formed in 1976 to help business and government address the lack of low- to moderate-income housing in the City of Irvine, IHO is now working throughout California in strategic partnerships that creatively and effectively maximize efficiencies while achieving the most attractive and well-managed environments for residents and for the surrounding communities.
ABOUT C&C DEVELOPMENT
C&C Development is a full-service real estate development company with more than 35 years of trusted experience. This experience has taught us to approach every project with the long-term performance in mind. Through quality of design and construction, we’re not only developing projects to be successful today, we’re developing projects that will remain successful 10, 30, and 50 years into the future.