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EVENTS CALENDAR
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Jul. 17, 2012
Jonathan F.P. Rose President, Jonathan Rose Companies City Parks Alliance NYC Department of Parks and Recreation Greater and Greener: Re-Imagining Parks for 21st Century Cities Panelist: Developers' View of Parks urbanparks2012.org
Nov. 15, 2012
Jonathan F.P. Rose President, Jonathan Rose Companies American Institute of Architects Philadelphia Chapter 10th Annual Design on the Delaware Conference designonthedelaware.com
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Clipper Mill, Green Adaptive Re-Use of Historic Mill |
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| GOAL |
To green adaptive re-use of mixed-use historic mill on light rail.
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| CHALLENGE |
Retroactive greening of an existing project.
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| OUTCOME |
Greening work underway.
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The Rose Smart Growth Investment Fund I, L.P. joined Struever Brothers Eccles and Rouse (SBER) in 2006 as 50% owners of the Clipper Mill mixed-use, transit-based community in Baltimore, MD. Developed by SBER, Clipper Mill comprises 141,000 square feet of former mill buildings that were converted into offices, rental apartments, artist studios, retail, and for-sale condos, the latter of which was not part of the Fund’s acquisition.
Clipper Mill is highly accessible by mass transit to both retail and cultural destinations. The 14-mile Jones Falls bike and hiking trail system runs through the center of Clipper Mill and a light rail stop is situated at the entrance to the community. Two light rail stops north of Clipper Mill is a major shopping area, including Whole Foods, and two light rail stops south of Clipper Mill is a major arts and cultural center at the University of Baltimore and the Maryland Institute College of Art.
Clipper Mill’s location, its adaptive re-use of existing buildings, and the Fund’s commitment to green building management practices have attracted a wide variety of tenants to Clipper Mill including: Biohabitats, an ecological restoration group; Gabrielli Design Studio, a sustainability consultant; Urbanite, a magazine about urban communities and culture; Coradetti Glass, an art glass studio and Woodbury Kitchen, a farm to table restaurant. The vibrant multi-disciplinary tenant base is committed to supporting the Clipper Mill community and in seeing the ownership’s green goals carried out in day-to-day operations.
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Firm Role
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50% Owner, Managing Partner
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Project Profile |
Transit-oriented development and adaptive re-use of historic mill to:
58,000 square feet of office 42,000 square feet of artisan space 36,000 square feet of residential 5,000 square feet of retail
Property Manager: Thornhill Properties, Inc.
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Total Project Size / Budget |
147,000 square feet / $18.5 million
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Completion |
2006
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Selected Awards |
Urban Land Institute Award for Excellence: The Americas, 2008
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