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CNI – Board Report – May 2026
Lift and Rise on Jefferson
Leasing Update:
Leasing at Lift and Rise on Jefferson remains
strong, with 2800 Building 95% occupied and
2700 Building 92% occupied.
Retail/Commercial Space Update:
The Operation Breaking Through Community
Engagement Center, a new business located on
the ground level of the 2700 Building at Lift and
Rise on Jefferson, continues to make significant
progress
on
its
build-out.
Final
electrical
inspections are scheduled for 5/1/2026, with final
building inspections anticipated the following
week. Interior painting and flooring installation are
currently underway.
The Community Engagement Center will serve as
a resource hub focused on community outreach,
engagement,
empowerment,
and
supportive
programming for residents and families throughout
the Southeast Community and surrounding areas.
Through its services and partnerships, Operation
Breaking Through aims to provide a welcoming
space for community collaboration, education,
mentorship, and access to resources that support
personal and neighborhood growth.
The team anticipates hosting a ribbon-cutting
event on June 6, 2026.
Legacy Landing -Phases – III-R and IV-R
Legacy Landing Lease-Up Report
As of May 2026, Legacy Landing has 152 of 155
total units occupied. Phase III-R is fully occupied
with 71 units leased, while Phase IV-R has 81
units occupied. A total of 46 returning Ridley
residents occupy PBV and HCV replacement
units across both phases. Three market-rate
units in Phase IV-R currently remain with no
action.
Construction Updates:
• CNI IV-R - 99% complete
•
Infrastructure: 94% complete
•
Wellness Trail: 95% complete
•
Retail: 100% complete
Phase V - Downtown Phase (28th Street
and Washington Avenue)
Harkins received the Notice to Proceed on April
1, 2026, and officially began construction on
April 9, 2026. The site is now fully active, with
Harkins completely mobilized onsite and major
construction work underway. Existing asphalt
and pavement have been removed, and
excavation activities have started as crews
prepare the site for new development. Early
construction efforts have included installing
safety and perimeter controls, erosion and
sediment measures, clearing the site, and
completing demolition work.
Legacy Landing
Lease Up Report
May 2026
Category
Phase
III-R
71 units
Phase
IV-R
84 units
Total
155 units
Total Units Occupied
71
81
152
Returning Ridley
Residents (PBV +
HCV Replacement
Units) Occupied
30
16
46
Market Rate – no
action
0
3
3
19
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