Commonwealth rolled into summer on a high note, celebrating a wave of accomplishments achieved in just over a month’s time—including FOUR new tax credit awards, ONE successful closing, and FIVE exciting events scheduled across FOUR states! New Tax Credit Awards The Marq | Trinidad, ColoradoAt the end of May, Commonwealth received a long-anticipated tax credit award for The Marq—two years […]

What a wonderful Grand Opening Event last week at The Cove in Phoenix, Arizona! It’s always so rewarding to see the completed project start leasing and excited residents moving into their new, beautiful homes. Commonwealth has received tremendous positive feedback about this affordable housing development, and we are grateful for the support and collaboration from […]

Historic adaptive reuse projects and renovations are always incredible to watch. You witness firsthand the progress as a building that has typically sat vacant for some time, often in a state of deterioration, transform into something that a community needs. Commonwealth is honored to play a part in addressing the housing crisis by developing these […]

Commonwealth was thrilled to have another project advance with the successful land acquisition for The Collective on 13th in Charles City, Iowa! This $12M multifamily development will offer 40 residential units across two walk-up style buildings, with a mix of one-, two- and three-bedroom floor plans. A freestanding clubhouse will also be located on the […]

The Corridor—a 55-unit apartment community located in the heart of downtown Oshkosh, WI along Main Street. This $16+ million investment will breathe new life into an underutilized city block, contributing to the area’s revitalization. The Corridor will consist of three buildings: a three-story midrise complex and two townhome buildings, offering a mix of unit layouts […]

What an amazing Grand Opening Celebration last week at Carrington Town Centre and Bryan County’s Richmond Hill Senior Center in Richmond Hill, Georgia! This development features 29 beautiful and affordable senior (55+) apartment homes above a spacious new senior center. Having this project come to life is a true testament to addressing housing needs and […]

On Thursday, May 16, 2024, the Wisconsin Housing & Economic Development Authority (WHEDA) awarded $32.5 million in competitive Federal and State housing tax credits to help advance affordable housing and economic recovery in Wisconsin. The awards will support 23 housing projects totaling 1,383 units, including 105 combined units at The Corridor and 700 Grand developed […]

The Commonwealth Companies and Wisconsin Partnership for Housing Development are thrilled to see 77 units of family housing find their place in Asheville, NC.  I commend our team for their determination amidst the myriad of challenges this project encountered along the way. Our collaborators truly embodied partnership throughout, standing by this project for over 2.5 years […]

It sure has been a busy summer for The Commonwealth Companies, including Commonwealth Development Corp., Commonwealth Construction Corp., and M+A. In addition to opening numerous affordable housing multifamily properties across the U.S., we were thrilled to celebrate back-to-back closings and tax credit awards. Read on to see what we have been up to over the […]

On May 18th, the Daily Reporter honored 42 outstanding construction projects during its 24th annual Top Projects event. The Top Project award showcases exceptional achievements based on the project’s overall complexity, innovative solutions developed, project success, and value to the community. You may have heard that at the event we also received the “Peoples Choice […]

More great news for Ohio! Last week, Commonwealth received the news that Puritas Senior Apartments in Cleveland, Ohio was awarded a 9% credit allocation from the Ohio Housing Finance Agency! This $14.4M development will provide 48 1 & 2-bedroom homes to seniors (55+) making between 30-70% of the area median income. Residents will have access […]

The ABC of Wisconsin has announced its 2022 Chapter Safety Awards. These awards are presented annually by the Chapter Safety Committee, which evaluates contractors’ safety performance and recognizes company safety accomplishments. We are proud that Commonwealth Construction received an Award of Honor for Zero Recordable Accidents. A shoutout goes to our field teams for keeping safety a […]

View 14 – Closing Announcement! Upon completion, this $15 million dollar investment will house 48 families within the downtown corridor of Sheboygan, WI. View 14 promotes a wide tenant dispersion targeting households at 30% Area Median Income (AMI) all the way up to market rate. I am incredibly proud of the team for getting this […]

As #WICWEEK2023 comes to an end, we want to take the opportunity to repost about four valuable team members that were also featured in 2022. Alvira, Jennifer, Jessica, and Dede have spent another year providing endless support and knowledge to our leadership and field teams and we want to send out a sincere ‘thank you’ […]

Women in Construction (WIC) Week highlights the wide range of opportunities available to women in the construction industry and celebrates women thriving in their roles. We are fortunate to have a talented team of women at Commonwealth and look forward to featuring some of them this week. Today, we would like to highlight Lucy, one […]

This past Friday, we held the much-anticipated Groundbreaking at The Commons at St. Anthony’s in Amarillo, Texas! It took many years to get this project the approval and funding it needed, and we couldn’t be prouder to be a development partner with @KRS Housing, LLC and @Crossroads Housing Development Corporation. Wait until you see this […]

Located on the same street as our Corporate HQ, Brooke Street Lofts in Fond du Lac, Wisconsin closed July 29th and will be an adaptive reuse of the prior historic Northern Casket Company and Winnebago Cheese Company buildings. This $16.6M development will consist of 62-units including one, two & three-bedroom homes for families making at or below 80% of the area […]

At the end of July, we celebrated the Grand Opening/Ribbon Cutting for The Reveal – a 150-unit affordable housing apartment community in New Orleans, Louisiana. Many thanks to all who have supported this project along the way and to those who came to celebrate this great community asset! Click here to read the full release from […]

On Tuesday, June 21st, we celebrated the Grand Opening of Spartan Lofts – the new affordable housing offering in Sparta, Wisconsin! It was a great turnout with hundreds of people touring the renovated school that preserved much of the historic charm that many remembered from when they attended or taught there. Thank you to the […]

Earlier this month, Affordable Housing Finance (AHF) released the list of the Top 50 Affordable Housing Developers in the United States. A local developer, Commonwealth Development Corporation, has been ranked ninth in the nation for 2021. Rankings are based on the success of affordable housing developers across the U.S., primarily focusing on units that have […]

As we wrap up the month of May, I’m happy to share our newest Tax Credit Awards in Wisconsin and Ohio. Congratulations to Tyler Sheeran on Vue 14 and Aspen Grove Apartments, and Greg Baron on Garrett Square Senior Apartments. Vue 14 is a 4% Housing Tax Credit Award. This 48-unit, new construction project will […]

When designing and constructing multifamily properties, it is always important to consider what will make your target customer choose your property over others to reside in. There are a few amenities that we have found to be most popular with our residents and also benefit the overall development scope of the project. As new, innovative […]

As Women in Construction (WIC) Week comes to an end, we’d like to look back on the features of some of our talented female employees that bring so much value to the table!  First up is our Project Estimator, Nicole Zimpel! Nicole has held numerous positions over her 20+ years in the construction industry and we […]

Congratulations to Tyler Sheeran, Lisa Wahl, Rhonda Orosz, and the DSA team on last week’s successful closing of Statesburg Apartments in Kaukauna, Wisconsin! This $14.5M project in partnership with the Kaukauna Housing Authority includes the rehabilitation of an existing apartment complex in addition to the acquisition of two adjacent buildings. The renovation will produce 74 […]

On Thursday, March 3, 2022, Wisconsin Governor Tony Evers visited The Commonwealth Companies’ headquarters in Fond du Lac to present a $3.6M check to the City of Fond du Lac and Commonwealth Development Corp. for their upcoming Brooke Street Lofts affordable housing project. Located on S. Brooke Street, Brooke Street Lofts will be an adaptive […]