The AFL-CIO HIT is a $6-billion investment fund that has financed more than 120,000 units of union-built housing across the country. Stephen Coyle, former director of the Boston Redevelopment Authority, directs the fund.

“In the last eight years, the Housing Investment Trust has invested nearly $400 million of its capital in 12 developments in Boston,” Chandler said. “These investments represented over $1 billion in total development investment and spurred $1.5 billion in total economic impact in Boston's neighborhoods. The projects also generated 3,330 union construction jobs, and created opportunities for graduates of BHA's Building Pathways program to begin careers in the construction industry with the Boston Building Trades. The redevelopment of the Mary Ellen McCormack community will create similar opportunities.”

The BHA's designation of WinnCompanies as developer begins the design review process by city, state and federal agencies.

WinnResidential will oversee property management and resident services for the project. Other firms added to the development team include: Architect: The Architectural Team; Landscape Architect: Copley Wolff Design Group; Transportation, Permitting & Civil Engineer: Vanasse Hangen Brustlin (VHB); Sustainability & Green Design: New Ecology; Project Management Consultant: Pinck & Co, Inc.; Marketing Consultant: The Concord Group and Legal: DLA Piper (permitting), Murtha Cullina (transactional), Nixon Peabody (HUD), and Squire Patton Boggs (Bond Counsel).

“The team we have assembled on behalf of the BHA and Mary Ellen McCormack residents brings with it two centuries of combined experience on large-scale, phased mixed finance redevelopments,” says WinnCompanies CEO Gilbert Winn. “Our collective goal is to create a 21st century neighborhood where the residents are the highest priority, not just through new homes and new community amenities, but through social and job programs designed to create a better quality of life and the chance to pursue brighter futures for themselves and their families.”

The AFL-CIO Housing Investment Trust is headquartered in Washington, DC and has regional offices in Boston, New York City and San Francisco.

WinnCompanies has regional operations Washington, DC. New York City, Fresno, CA, Nashville, Richmond, VA, Oahu, HI, Linthicum, MD, Hartford, CT, Rochester, NY, as well as in Cambridge and Lowell, MA.

BOSTON—Locally-based WinnCompanies, shortly after winning the bid to redevelop the first public housing project in New England—has picked its development team for the $1.6 billion project.

The City of Boston and the Boston Housing Authority announced the company's designation on Aug. 11 to redevelop the Mary Ellen McCormack public housing complex in South Boston.

WinnCompanies reports that the AFL-CIO Housing Investment Trust of Washington, DC will serve as the financing partner for the redevelopment project that will take place in four phases. The plan calls for a total of approximately 3,000 new units, including replacement of all existing units, creation of approximately 200 workforce (middle-income) units, as well as market rate apartments and home ownership condominiums. In addition, all units, regardless of affordability level, will be of identical quality and integrated evenly among the newly constructed buildings.

“We look forward to working with WinnCompanies and the BHA, and appreciate their commitment to building affordable housing, and building it with 100% union labor,” says Ted Chandler, COO of the AFL-CIO HIT.

The AFL-CIO HIT is a $6-billion investment fund that has financed more than 120,000 units of union-built housing across the country. Stephen Coyle, former director of the Boston Redevelopment Authority, directs the fund.

“In the last eight years, the Housing Investment Trust has invested nearly $400 million of its capital in 12 developments in Boston,” Chandler said. “These investments represented over $1 billion in total development investment and spurred $1.5 billion in total economic impact in Boston's neighborhoods. The projects also generated 3,330 union construction jobs, and created opportunities for graduates of BHA's Building Pathways program to begin careers in the construction industry with the Boston Building Trades. The redevelopment of the Mary Ellen McCormack community will create similar opportunities.”

The BHA's designation of WinnCompanies as developer begins the design review process by city, state and federal agencies.

WinnResidential will oversee property management and resident services for the project. Other firms added to the development team include: Architect: The Architectural Team; Landscape Architect: Copley Wolff Design Group; Transportation, Permitting & Civil Engineer: Vanasse Hangen Brustlin (VHB); Sustainability & Green Design: New Ecology; Project Management Consultant: Pinck & Co, Inc.; Marketing Consultant: The Concord Group and Legal: DLA Piper (permitting), Murtha Cullina (transactional), Nixon Peabody (HUD), and Squire Patton Boggs (Bond Counsel).

“The team we have assembled on behalf of the BHA and Mary Ellen McCormack residents brings with it two centuries of combined experience on large-scale, phased mixed finance redevelopments,” says WinnCompanies CEO Gilbert Winn. “Our collective goal is to create a 21st century neighborhood where the residents are the highest priority, not just through new homes and new community amenities, but through social and job programs designed to create a better quality of life and the chance to pursue brighter futures for themselves and their families.”

The AFL-CIO Housing Investment Trust is headquartered in Washington, DC and has regional offices in Boston, New York City and San Francisco.

WinnCompanies has regional operations Washington, DC. New York City, Fresno, CA, Nashville, Richmond, VA, Oahu, HI, Linthicum, MD, Hartford, CT, Rochester, NY, as well as in Cambridge and Lowell, MA.