Progress for Sendero Verde’s Second Phase

As reported in New York YIMBY, construction on the second phase of mixed-use affordable development Sendero Verde is more than 50% complete. This phase will deliver 361 permanently affordable rental units for low-to-moderate income families and the formerly homeless. When completed, the 395,000-square-foot tower will be the largest Passive House development in the world. Sendero Verde is developed by Jonathan Rose Companies, L+M Development Partners, and Acacia Network. HSE served as deal counsel.