TPP Capital to Pursue WELL Community Certification for Tioga District™
TPP Capital Management Group (TPP), a Philadelphia based Black-led social impact private equity fund manager and urban healthcare real estate development firm, announced today its plans to pursue WELL Community Certification for the Tioga District™ offered by the International WELL Building Institute (IWBI) through its WELL Community Standard pilot, a district-scale rating system focused on enhancing people s health and wellness in the communities where we live, work and play. By registering the Tioga District™ for WELL Community Certification, TPP is not only charting an innovative economic development model deeply rooted in supporting improved health and well-being, but also serving as a new national model for all opportunity zones, said Rachel Hodgdon, IWBI President and CEO. We applaud TPP for their commitment and work to lift up low-income communities and protect our most vulnerable by supporting
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Courtesy of Clinton Bush TPP Capital Management Executive Vice President and Chief Strategy Officer Clinton Bush
TPP Capital Management, led by fund manager Anthony Miles and Executive Vice President and Chief Strategy Officer Clinton Bush, spent five years assembling parcels of largely vacant land in a five-block radius just to the west of Temple University Health System’s main campus. TPP intends to break ground there this quarter on the first phase of Tioga District, a mixed-use, wellness-focused development complex.
The first phase will include 84 rental units for ages 55 and up split across two buildings, one with 30 units and the other with 54, on the 1700 block of Tioga Street. Also breaking ground will be eight buildings of for-sale condos on the 3300 block of North 16th Street, with four units to a building and one in each building designated as affordable housing. The rest of the condos are priced to be “market rate, but market rate for Tioga, not for all