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IMI Community Development Projects
Community Development Services, is one of the primary lines of business for IMI. Within the next 2 years, IMI seeks to bring on line, a Life Learning Center and an affordable
senior housing center as its flagship community development projects.
The Life Learning Center at Israel Baptist Church
State-of-the art community facility attached to Israel Baptist Church. It is intended to house a wide range of health, education, senior citizen, sports and fitness activities administered by the church, IMI and major non profit service providers. It is in the final stages of the pre-construction phase and has received preliminary public and private financial commitments and a building permit. Subject to the closing on public and private sector financing in 2011, construction is projected to commence in early 2012 and conclude in the summer of 2013.
Israel Manor Senior Residences
A companion project is a 49 unit Senior Housing Center project, being developed for a site approximately 2 blocks away from the Life Learning Center at 10th Street & Rhode Island Avenue. In June 2009, IMI purchased the land with a SAFI loan from the Enterprise Community Loan Fund. IMI also closed on a pre-development loan from the DC Department of Housing & Community Development. Construction is expected to commence on this project in Spring-2012.
1251 Saratoga Avenue NEWashington, DC 20018
(Targeted Opening – Early 2013)
The Life Learning Center at Israel Baptist Church The Life Learning Center at Israel Baptist Church
About the Life Learning Center at Israel Baptist Church
About the Life Learning Center at Israel Baptist Church
CONSTRUCTION TYPE: New Construction
PROJECT LOCATION: 1251 Saratoga Avenue, NEWashington, DC 20018Adjacent to Israel Baptist Church
PROJECT TYPE: Community Facility to house offices for health services, senior services, education, cultural arts, sports, meeting, and fitness programs with onsite parking
SQUARE FOOTAGE: 43,000 gross square feet of space
LEASING RATE: $23.00 per square foot, triple net
LEED LEVEL: Silver
PROJECT STATUS: Pre-Construction
INVESTMENT: $1.5M by Israel Baptist Church
ESTIMATED PROJECT COST: $14 Million
TARGETED DELIVERY: Summer 2013
DEVELOPER & BORROWER: Israel Manor Inc.
1251 Saratoga Avenue, NEWashington, DC 20018202.269.0017 phone202.832.9645 fax
MANAGING DIRECTOR: Carrie L. [email protected] (cell)
VISIONARY & LOAN GUARANTOR: Israel Baptist Church
Rev. Dr. Morris L. Shearin, Pastor1251 Saratoga Avenue, NEWashington, DC 20018202.269.0288 phone202.832.9645 fax
OWNER REPRESENTATIVE & FINANCING CONSULTANT: District Development Group
Phinis Jones, Principal
ARCHITECTS: A-2 Design Inc
Clinton E. Gravely, AIAArchitect and Associates
ENGINEER: Consulting Engineers CorporationRaj Jalle
GENERAL CONTRACTOR: Forrester Construction CompanyKevin Malpass, Jon Cadle, Sean Roddy
GENERAL COUNSEL & REAL ESTATE
TRANSACTION ATTORNEY: Jordan & KeysGeorge R. Keys, Jr.
LEED Green BuildingRequirement Consultants: Greenshape
Iris Amdur, AP, Principal
Potomac Energy Group, Inc.Farooq Ahmadzai, P.E., President
