Historical February–March 2005 article. Dates, prices, services and contacts describe the source period; current availability has not been established.
Dear Residents: As many of you may be aware of by now, in October of 2004, the Skinker DeBaliviere Community Housing Corporation released a Request for Proposals (RFP) for the sale and redevelopment of Rosedale Square Apartments.
It has received several proposals to redevelop the units into condominiums or townhouses.
I would like to take this opportunity to share with you more insight and background into the decision to sell this particular property.
The Housing Corporation has owned the property since 1988 and has made major improvements to the buildings.
These efforts have helped to stabilize the 6000 and 6100 blocks of Washington and to enhance our neighborhood.
While the Housing Corporation has worked endlessly to maintain the property and create an asset for the community, it realized that major needed improvements and economic issues would undoubtedly impact the future of Rosedale Square.
In early 2004, the Board of Directors established a committee to study Rosedale Square and make recommendations on its future.
The Board’s goal has always been to do what is in the best interest of the Skinker DeBaliviere neighborhood. Upon reviewing various options, the Board accepted the recommendation that the property be sold and developed into condominiums or townhouses. Thereby assuring the community that the buildings would receive the necessary attention they require and elevate home ownership in our neighborhood.
The Board’s mission is to be the buyer/developer of necessity; empowering strong development and home ownership, with the goal of improving the character, heritage and quality of the Skinker-DeBaliviere neighborhood and community. Over the past several years our neighborhood has become very attractive to developers, creating less of a need for the Housing Corporation to intervene.
The Board is certain that the decision to sell and convert Rosedale Square Apartments into condominiums or townhouses will not only create and promote more home ownership, but also will guarantee its positive existence for a long time to come, and help to decrease density in this part of our neighborhood. Skinker-DeBaliviere is a unique neighborhood with a diverse cultural and economic make-up.
This Board recognizes and understands that these are key reasons many people choose to live here.
It is also the reason that our neighborhood has become so popular for developers in recent years.
While this Board is committed to helping maintain the diversity of this community, it also must protect the quality of its assets, which indirectly affect our entire neighborhood. At this time no sales agreement has been secured between the Housing Corporation and any developer.
The Board will continue to update the neighborhood on the sale and redevelopment of Rosedale Square as it progresses.
The Board also remains committed to its mission and will continue to put its efforts and resources into projects that benefit the well being of the entire neighborhood. – Richard M. Wilkes, President, SDCHC
Originally published in The Times of Skinker-DeBaliviere, February–March 2005.
Read this article in the original newspaper issue.
Original source: SD_Times2005_02.pdf, printed page(s) 1; PDF page(s) 1.
