Project Gallery

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




Midtownmidtown
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-crossingTo 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-streetAcquired 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-viewThe 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

  • myrtlesFormer 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-squareFormer 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

  • londonThe 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