Construction Completed on Grasonville Affordable Housing Project
SALISBURY, MD – June 30, 2020 – Gillis Gilkerson (GGI) today announced the completion of The Village at Slippery Hill affordable housing project on Nesbit Road in Grasonville, Maryland. The project received certification from Energy Star and National Green Building Standard.
“This was our sixth successful affordable housing project with Green Street Housing,” said GGI President, Dwight Miller. “We understand the demand for affordable housing across our nation and in this local market. It is great that hundreds of applications have already been submitted for units. We are proud of our team for overcoming multiple new challenges and providing solutions to get the project to the finish line.”
Phase one of four includes 32 townhouse units and 34 apartments with over 10,000 square feet of commercial space. It covers close to 88,000 square feet between four buildings, each with three to four floors, brick veneer, Hardie plank exterior cladding and shingle roofing.
The second phase will add a 51-unit senior living center equipped with an elevator, followed by the addition of 68 townhouse units in phase three and a 4,800 square foot freestanding commercial building fronting Nesbit Road in phase four. The commercial building will feature units of varying sizes with custom buildout options available.
“The project is a major win for the community, and the market is really responding well,” said Tom Ayd of Green Street Housing. “I was happy with the way Gillis Gilkerson handled the delivery of this project in a time of disruption. COVID presented manpower and procedural issues but their onsite staff was attentive and pushed through to deliver the final project.”
The onsite GGI team included Project Manager Mike Truitt, Assistant Project Manager Daniel Ash, and Superintendent Bill Shaivo.
Green Street Housing partnered with TM Associates for site development and management. This project received a 2018 allocation of Low-Income Housing Tax Credits from the Maryland Department of Housing and Community Development. Debt and equity capital are being provided through Bank of America and Hudson Housing Capital.
About Gillis Gilkerson
In its 37th year of building and real estate development on Delmarva, award-winning Gillis Gilkerson has built a reputation as one of the most trusted and stable construction management and general contracting firms on the Peninsula. From new commercial construction to renovation, the company’s construction managers offer broad and deep experience in diverse industries such as medical, industrial, manufacturing, hotels, multi-family housing, houses of worship, restaurants, retail, schools and more. Its full-service real estate development expertise offers custom solutions for land purchase, building program development, turnkey project management, obtaining permits and approvals, property management, property marketing, purchase, lease, and lease/purchase options. The team works in conjunction with architects, government planners, engineers, surveyors, inspectors, contractors, and leasing agents to manage the development process from concept to completion.