McCormack Baron Salazar Joins the Team

MBS was selected as the housing lead and master developer. The firm is the nation’s leading for-profit developer of economically integrated urban neighborhoods. Since 1973, McCormack Baron Salazar has closed one hundred forty-six (146) projects with development costs in excess of $2.3 billion. It has developed over 16,000 apartments and one million square feet of retail / commercial space. MBS acts as program manager, overseeing the development and implementation of comprehensive master plans for large, residential and commercial development districts. MBS brings a comprehensive and workable approach to a complex development environment and the firm’s successes demonstrate its ability to deliver on the goals set by its clients: the cities, residents, authorities, institutions, and businesses of urban America.

§  Carter Design Associates – This member of the MBS development team is a multi-disciplinary architectural and planning firm whose designers and architects have provided professional services in Texas for over 25 years. In addition to the firm’s varied experience in land use planning, urban design, feasibility studies, renovation, maintenance and new construction, Carter Design Associates also brings significant expertise in historic architecture which will be critical in working with the Texas Historical Commission during the Section 106 review process, as well as LEED expertise.

§  KAI – Kai Texas, LC (KAI) is a HUB certified Texas Corporation. KAI has a diverse portfolio and in-house multi-discipline professionals providing architecture, engineering and program/construction management services. KAI is a design & build firm performing architecture, engineering, and program management/construction management services nationwide. As a leader in the design & build industry, value-added building solutions are emphasized through innovation, technology, and the design/build collaboration.

§  Structure Development – This member of the housing team specializes in financial analysis, deal structuring and project management and will provide expertise related to tax credit financing needed to bring the Rosewood Courts project to fruition.

§  Urban Strategies – Urban Strategies is a national not-for-profit corporation that works with developers to rebuild neighborhoods with a range of amenities and comprehensive service supports. Their goal is to lead distressed urban core residential communities and low-income families toward positive social and economic integration. Urban Strategies rebuilds the physical and human infrastructure of redeveloping urban communities by partnering with neighborhood organizations, residents, policy makers, institutional stakeholders and funders to transform public and private systems and to support strong, self-sustaining people, families and communities.