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Can This Wellness-Focused Project In One Of Philly's Poorest Neighborhoods Be A 'Case Study' For Opportunity Zone Development? - Vimarsana News

Can This Wellness-Focused Project In One Of Philly's Poorest Neighborhoods Be A 'Case Study' For Opportunity Zone Development?

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 an...

Source: bisnow.com
Housing that Heals - Vimarsana News

Housing that Heals

The Kensington neighborhood of Philadelphia has the ignominious reputation of being the epicenter of the city’s opioid crisis. Once a hub of manufacturing with working‑class residents, today Kensington struggles with a 60 percent poverty rate and high rates of violence, unemployment, and drug use. Many entities — from local government to community‑development organizations, public schools to universities — are fighting alongside residents for a better future. One such organization is Shift Capital, a social‑impact‑driven real estate development company that has made a name for i...