MacFarlane Partners and Avanath Capital Management Spearhead Affordable Senior Housing in $2B Fillmore Project
In a landmark move to address the pressing need for affordable senior housing in San Francisco's Fillmore neighborhood, MacFarlane Partners and Avanath Capital Management have unveiled plans to spearhead a transformative development as part of the Freedom West 2.0 project. This ambitious initiative, with a projected budget of $2 billion, marks a significant milestone in the city's ongoing efforts to promote inclusivity, equity, and community revitalization.
The focal point of the first phase of the Freedom West 2.0 redevelopment project is the construction of 115 units of 100% affordable senior housing, tailored to meet the unique needs of the elderly population in the Fillmore neighborhood. This innovative development aims to provide a safe, supportive, and welcoming environment for seniors, offering a range of amenities and services designed to enhance their quality of life and promote active aging.
In addition to the senior housing units, the project will feature 1,200 square feet of ground-floor retail space, further enriching the fabric of the neighborhood and creating opportunities for local businesses to thrive. This mixed-use approach reflects a holistic vision for community development, integrating residential and commercial elements to create a vibrant and sustainable urban environment.
The site of the affordable senior housing complex holds particular significance, as it will be built on the grounds of a 50-year-old housing co-op that has long served as a cornerstone of support for some of the city's most underserved residents. By repurposing and revitalizing this space, MacFarlane Partners and Avanath Capital Management are honoring the legacy of community empowerment and social justice.
Rendering Courtesy of DLR Architects
The Freedom West 2.0 project represents a collaborative effort between public and private stakeholders to address the complex challenges facing San Francisco's underserved communities. By leveraging their combined expertise and resources, MacFarlane Partners and Avanath Capital Management are committed to creating positive social impact and fostering inclusive economic development in the Fillmore neighborhood and beyond.
As plans for the affordable senior housing development move forward, MacFarlane Partners and Avanath Capital Management remain dedicated to engaging with local stakeholders, soliciting feedback, and ensuring that the project aligns with the needs and aspirations of the Fillmore community. With a shared commitment to social equity and sustainable growth, the partners are poised to make a meaningful difference in the lives of seniors and residents alike, paving the way for a brighter and more inclusive future in San Francisco's Fillmore neighborhood.