The site of the former Danskin clothing factory has been redeveloped into a 56-unit affordable housing community in York, Pennsylvania.
Pennrose and the Redevelopment Authority of the City of York recently celebrated the opening of State Street Crossing, which features new one-, two-, three-, and four-bedroom units across seven buildings in a mix of affordable apartment homes and townhouses.
“The Redevelopment Authority of the City of York has been a tremendous partner in transforming the underutilized, hazardous site into a vibrant new residential community,” said Jacob Fisher, regional vice president at Pennrose. “The modern apartments, on-site offerings, and services will create an excellent living experience for residents at a range of incomes.”
In 2015, the redevelopment authority purchased the site with the goal of remedying the public safety issues associated with partial demolition and supporting future redevelopment of the land into a residential neighborhood. It then entered into an agreement with veteran developer Pennrose in 2016 to redevelop the site. The development team also includes Innova Services Corp., WRT, RGS Associates, EG Stoltzfus, and DAC.
When Pennrose received the site, the factory had been partially demolished but not remediated, according to officials. The remediation budget was about $2.4 million and included the cleanup of asbestos, demolition debris, and underground storage tanks.
The factory is now gone and replaced by the housing development.
Each high-quality apartment features a modern kitchen with a dishwasher, an in-unit washer and dryer, spacious closets, vinyl flooring, ceramic-tiled baths, and central A/C. Residents also have access to on-site supportive services and amenities, including a community building, a playground, abundant green space, and an on-site professional management and maintenance team.
Financing for the approximately $17.4 million project comes from an award of $900,000 in HOME funds from the city of York. The project received a reservation of 9% low-income housing tax credits from the Pennsylvania Housing Finance Agency, as well as $1,276,000 in Pennsylvania Housing Affordability and Rehabilitation Enhancement funds.
For the environmental remediation, the redevelopment authority received grant funds of $1.7 million from the Pennsylvania Department of Community and Economic Development. Enterprise Community Development was the syndicator for the project, BB&T/Truist Bank provided construction financing, and Fulton Bank will provide permanent financing. The York Housing Authority is providing 25 project-based vouchers for the property.
