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Project Gallery

To see where we're going, take a look at what we've done.

PRHA Portsmouth Homes

Over the past decade, redevelopment has injected new life and energy into some of the city's most economically challenged areas, transforming blighted, crime-plagued neighborhoods into bright, new, welcoming communities and retail destinations. In 2010 alone, more than 1,200 derelict public housing units were redeveloped into inviting new tax-generating neighborhoods.

Midtown

Midtown

The Authority purchased MidCity Shopping Center on behalf of the City through a friendly condemnation proceeding. Additional parcels were assembled: Firestone, VEC, Murray's and two parking lots.

Wal-Mart purchased the former MidCity Shopping Center property in the first quarter of 2006. The project was completed in early 2007. This is a 200,000 square-foot Super Center with grocery, tire and lube, pharmacy and gas pumps.

Victory Crossing

Victory Crossing

  • To date, total development cost is $50 million
  • The 1999 real estate assessment was $7.7 million
  • The 2006 real estate assessment is $58.3 million
  • Real estate tax revenue increase from $105,000 in 1999 to $563,335 in 2005
  • Total retail sales increase from $8.8 million in 1999 to $93.7 million in 2005
  • $1.4 million in retail sales and restaurant/alcohol tax in 2005
  • 840 jobs created
  • Two developable sites remain, approximate sizes are 6.2 acres and 2.7 acres

600 Block of High Street

High Street

  • Acquired 15 severely deteriorated properties in 1995 through Community Development Block Grant (CDBG) Program
  • Recycled property through Requests for Proposals to bring buildings to highest and best use
  • Now one of the most successful retail blocks in the downtown area
  • Buildings valued at $298,750 before redevelopment are now valued at $2.5 million
  • Annual retail sales of $1.8 million, generating annual retail sales taxes of $18,000
  • Annual real estate taxes – $62,000

Park View Revitalization

Park View

  • The City installed new water and sewer system throughout community
  • New landscaping was planted throughout community
  • Increased code enforcement and police presence
  • Constructed a new Park View Elementary School
  • Restored old homes by converting back to single-family and built new homes on vacant parcels
  • 11 homes were restored by Garcia-Spiers Development Company –average sales price $235,000
  • 30 new homes were built by the Olde Towne Company – sales prices were between $449,000 to $495,000

The Myrtles At Olde Towne

Myrtles

  • Former Portsmouth General Hospital and Manning Convalescent Site
  • Roseland Property Company Developer – 246 rental units
  • Rents ranging from $1,060 to $1,630
  • Units ranging from 751 to 1,137 square feet
  • First units were available in January 2005
  • Project was complete by June 2005
  • Total development cost – $22 million
  • Estimated real estate taxes generated – $312,400

Bon Square Development

Bon Square

  • Former abandoned Municipal Health Department site – approximately .75 acre on 600 Block of London Boulevard
  • Selected developer – Bon Square Developers (Sara Steele, Bill Manning)
  • Nine homes ranging in price from $350,000 to $640,000
  • Minimum of 2,500 square feet
  • Total development cost – $4 million
  • Over $58,000 in real estate taxes to the City

600 Block of London Street

London Street

  • The Authority acquired six severely deteriorated turn-of-the-century houses with a total assessed value of $321,000
  • Selected developers based on competitive proposals
  • Owners invested an average of $200,000 per house
  • Total assessed value is now over $1.3 million, generating over $18,850 in real estate taxes for the City