Edgemere Development, LLC
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Pre Construction Projects

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Edgemere Development - Pre Development Project Steamboat 20
Project Name: Steamboat 20
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Location: 20 Rensselaer Street, Albany NY
Building:  Occupied Rehabilitation and Preservation of existing Historic Building
Units/Bedrooms: 88 units: 77 one-bedroom; 11 two-bedroom
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Special Needs/Support Services: 14 Units set aside for Adults who are homeless/at risk of homelessness
Amenities:  Common Laundry, Community Space, elevators, air conditioning, on-site tenant & visitor parking, various service providers on-site
Total Project Costs (combined):  $22.2M
Anticipated Funding Sources:  NYS Homes & Community Renewal 9% LIHTC, NYS Housing Trust Fund, NYS
Target Population:  Mixed Income – Workforce Individuals and Small Families
Client:  Albany Housing Authority
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Project Name: Oak Street Apartments - Refinance
Location: 205 Oak St., Fulton, New York 13069
Completed: 2004
Building:
 Preservation of Occupied Historic former schoolhouse

Units/Bedrooms: 12 units: 8 one-bedroom & 4 two-bedroom
Special Needs/Support Services:
2 units set aside for Frail Elderly

Amenities: Community Room, Common Laundry, Green space with picnic area, Elevator, Central Air Conditioning, Tenant/Visitor Parking
Total Project Cost: $1.9 Million 
Funding Sources: NYS HCR 9% LIHTC, NYS Housing Trust Fund, Fulton Community Development Agency, Section 8 Project Based Vouchers, Investor Equity
Target Population: Seniors 62+
Client: Fulton Community Development Agency & Edgemere Development, Inc.
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Project Name: Pueblo Nuevo II
Location: Scattered Site Northeast Rochester – El Camino Neighborhood
Building:  New Construction: 5 single family, 12 duplex, adaptive reuse of warehouse for community space
Units/Bedrooms: 25 two-bedroom units
Special Needs/Support Services:
5 units set aside for Adults who are homeless/at risk of homelessness

Amenities:  
Air conditioning, washer/dryer hook ups, off street parking, community room and green space

Total Project Costs:  $12.6 Million
Funding Sources:  NYS HCR 9% LIHTC, SLIHC, NYS Housing Trust Fund, NYS HCR Community Investment Funds (CIF), NYSERDA, Investor Equity
​Target Population:  
Workforce

Client:  Ibero-American Development Corporation
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Project Name: Creekside/Midtown/Nathan Castle
Location: Scattered Sites, Herkimer NY
Building: Occupied Rehab and Preservation of Herkimer Housing Authority’s Creekside & Midtown Apartments + Nathan Castle Apartments
Units/Bedrooms: 129 units: 95 one-bedroom, 22 three-bedroom; 4 four-bedroom
Amenities:
Common laundry, community room, on-site tenant & visitor parking

Total Project Costs: $30 Million
Anticipated Funding Sources:  NYS Tax Exempt Bonds with 4% as-of-right tax credits, NYSHFA Subsidies, HHA Capital Lease Financing, Investor Equity, Assumed Debt
Target Population:
Workforce

​Client:
Herkimer Housing Authority

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Project Name: Apartments at the Lyceum
Location: Buffalo, NY
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Building: Adaptive Reuse and Rehabilitation of the Historic St. John Kanty School + New Construction on Vacant Parcels
Units/Bedrooms: 50 units: 38 one-bedroom, 12 two-bedroom
Special Needs/Support Services: 12 units set aside for Adults who are homeless/at risk of homelessness; Services provided by Community Services for Every1
Amenities: Air conditioning, common laundry, community room, on-site tenant & visitor parking, tenant storage
Total Project Costs: $19.2 Million
Anticipated Funding Sources:  NYS HCR 9% LIHTC, NYS Housing Trust Funds, NYS HCR Community Investment Funds, Empire State Development Funds, Investor Equity
Target Population:  Workforce
​Client:  Community Services for Every1, Inc.
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Project Name: Federal and Scattered Sites
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Location: Rochester NY
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Building: New Construction and Preservation and Rehabilitation of Occupied Units
Units/Bedrooms: 55 units: 1 one-bedroom, 27 two-bedroom, 22 three-bedroom, 4 four-bedroom, 1 five-bedroom
Special Needs/Support Services: 9 units set aside for Adults who are homeless/at risk of homelessness
Amenities:  Common laundry, community room, playground, on-site tenant & visitor parking
Total Project Costs: $15.5 Million
Anticipated Funding Sources:  NYS HCR 9% LIHTC, NYS Housing Trust Fund, City of Rochester HOME, NYSERDA, Investor Equity
Target Population:  Workforce
​Client:  Rochester Housing Authority
Edgemere Development, Inc.
277 Alexander Street, Suite 400

Rochester, NY 14607

Phone: (585) 325-1450
Fax: (585) 325-1477
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  • Home
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  • Projects
    • Completed Projects
    • Under Construction
    • Pre Development
  • About
    • Meet the Team
    • Our History
    • Green Design
  • Awards
  • News
  • Contact