CHH Jamesville Redevelopment
The redevelopment of Jamesville is an opportunity to create a medium density mixed-income community on a 2.3 ha property that contributes to the vibrancy of the West Harbour neighbourhood.
The intent of this project is to bring together innovations in land-use planning, building design, financial structure and community benefit in a transformative development.
Redevelopment and Revitalization
Following on a “Request for Expressions of Interest (RFEOI)”, the City of Hamilton’s social housing agency, CityHousing Hamilton (“CHH”), launched a “Request for Proposals (RFP)” process for the redevelopment and revitalization of CHH’s Jamesville neighbourhood. This process began on April 8th, 2019, to seek proposals and financial bids from private sector, for-profit and not-for-profit, development and building industry companies.
Through this RFP process CHH aims to replace on the site, the existing 91-townhouse complex with a 46-unit, rent-geared-to-income (RGI) apartment building plus a broader mixed-income community. CHH’s 46-unit building will be situated and integrated into the project on a portion of the existing site that will continue to be owned by CHH.
The RFP requires that the project must also include, at a minimum, a 45-unit affordable rental building, where rents must average not more than 125% of Median Market Rent. The RFP evaluation approach includes a further incentive for proposals to offer an overall proportion of affordable units within the project, of greater than 15%.
These parameters will ensure that, at a minimum, the original count of 91 affordable housing units is maintained, while promoting a diverse, inclusive, mixed income, urban community.
In addition, separate from but linked to the Jamesville development, 45 of the original RGI units from Jamesville will be accommodated nearby at the newly acquired CHH site at the South East corner of Bay and Cannon, along with 10 net new moderately affordable units.
This approach rebuilds deeply affordable units within the community and creates a spectrum of, and increase to, affordability with new moderately affordable units.
The RFP closed on June 6, 2019 and on July 22, 2019 Marz Homes was identified as the Preferred Proponent with whom CHH entered a bilateral due diligence period which was completed September 2019.
On September 24, 2019, CHH received Board approval to carry out the final negotiations with the Preferred Proponent to establish the legally binding Contract Documents, which are expected to be completed in Fall 2020.