Hobson Place was named the Affordable Housing Development of the Year at the 2022 Night of the Stars, presented by NAIOP Commercial Real Estate Development Association Washington Chapter on Nov. 4.
Congratulations to all of our partners on this project! Read all of the project and award details and see more photos, on the NAIOPWA website.
The awards recognize the “best commercial real estate development projects in Washington state.” Only the affordable housing development category allowed for projects that received any public funding.
Hobson Place and The Clinic at Hobson Place comprise DESC’s permanent supportive housing project integrated with a primary and behavioral health clinic, operated in partnership with Harborview Medical Center. We opened the second phase of the housing project and the clinic in January 2022.
Affordable Housing Development of the Year
According to the NAIOP website, this award recognizes a project that exemplifies design, construction, and development excellence while creating lasting social, economic and environmental impacts. Projects addressed “the serious affordable housing crisis in our region and 100% of the residential units within the projects in this category must be income qualified.”
Nominees received points on meeting the category criteria, their community impact, social equity, economic impact, innovations in funding and at the judges’ discretion.