This page was read by OCR. Text can misread numbers, dates or table columns. Check the PDF before quoting or interpreting it. Redacted areas remain redacted.
CHOICE NEIGHBORHOOD INITIATIVE (CNI)
Lift and Rise on Jefferson
Leasing Update:
Leasing activity at Lift and Rise on Jefferson continues to demonstrate strong momentum. The 2800
Building is currently 98% occupied, while the 2700 Building has achieved 90% occupancy, reflecting
sustained market demand and continued success in lease-up efforts across both properties.
Legacy Landing-Phases — Ill-R and IV-R
Legacy Landing Lease-Up Report — August 2026
As of August 2026, Legacy Landing continues to demonstrate strong leasing performance and is
nearing full occupancy. Phase III-R (71 units) currently has five vacant units, consisting of three
market-rate units and two project-based voucher (PBV) units. Phase IV-R has four vacant units,
including two PBV units and two market-rate units. Overall, both phases remain highly occupied,
reflecting continued demand and successful lease-up efforts.
Construction Updates:
e CNIIV-R: 99% complete and currently in the final punch list phase.
e Infrastructure: 94% complete, with remaining work nearing completion.
e Wellness Trail: 96% complete and progressing through final finishing activities.
e Retail: 100% complete with construction fully finalized.
Phase V - Downtown Phase (28th Street and Washington Avenue)
CNI Phase V has experienced a slight delay, with vertical construction anticipated to commence in
September 2026. This milestone will transition the project from site preparation activities into
building construction, continuing the transformation of the Marshall-Ridley Choice Neighborhoods
and advancing the delivery of additional high-quality mixed-income housing opportunities.Jump to an indexed page (62 of 62)