This development fulfills a genuine community need – affordable senior housing for neighbors who wish to age in place.
Virginia Plaza, a mixed-income and mixed-use development, is poised to make a significant impact on both the Virginia Ave. Commercial Corridor and the historic Carondelet, Dutchtown, and Mount Pleasant neighborhoods. With over 25% of the population in the proposed development’s census tract living in poverty—children constituting 32% of that demographic—the need for revitalization is evident.
This project aims to revitalize nine buildings, including long-vacant properties owned by the City’s land bank and an empty Family Dollar store. Of the 78 total units, 55 are designated for individuals earning 60% of the Area Median Income, 12 units for those making 30% of the Area Median Income, and 8 units at market rate. Virginia Plaza is also a family-oriented development with amenities such as a new playground and community gathering spaces.
