Ladd School Re-Developments

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Presentation transcript:

Ladd School Re-Developments MRE Capital & Entrepreneurs Enterprises, LLC

Agenda Development Team Development Experience Ladd Proposal Design Layout Community Impact & Services Next Steps Questions

Development Team Entrepreneurs Enterprises, LLC MRE Capital Maximillian Howell MRE Capital Jake Mooney & Daniel Sailler

Development Experience Wabash Village Sycamore Springs -Hollister, MO 60 unit multi-family Monarch Manor-Kansas City, MO 26 unit single family development (New Construction) 2014 to current Rock Ridge Villas II- Branson, MO 48 unit multi-family development (New Construction) Rock Ridge Villas I – Branson, MO 38 single family (New Construction) Maple Ridge -Bonner Springs, MO 32 unit senior multi-family in Timber Creek -Muskogee, OK 42 Unit multi-family units Dogwood Cottages -Blytheville, AR 44 multi-family units Sanders Heights – Lawton, Ok 47 multi-family units 3 with special needs.

Ladd School Proposal Development Type: Multi-Family Historic Adaptive Reuse with Workforce & Community Services Units: 36 units – 1,2 & 3 Bedroom Total Development Cost: $8,744,000.00 Development Cost / Unit: $242,890 Funding Source: LIHTC & HTC Rents: $350 - $750

Layout – Ground Floor

Community Impact & Services State of the Art Computer lab with printing services Educational Services by Sylvan Learning Center This tutoring can range from Math, Reading, Study Skills, GED prep, ACT prep, Homework Support, ASVAB prep, Resume Writing, Job Searching, College Prep, STEM WRAPP( Work Place Readiness & Performance) Oak Park Neighborhood Group New Reflections Technical Institute Help for the Future and Now!

Next Steps MHDC is a very competitive process Voice support to KCPS & obtain approval Voice support to City Hall #1 on Mayors List Funds MHDC Application - September 2015 Attend MHDC Public Comment Hearing – October 2015 Application Approval – February 2016 Construction Start – Spring 2016

Questions ?