How many homes can one pack into a city block occupying just under half an acre? Ten Fifty B takes it to the max without sacrificing comfort or style. Designed and built in the spirit of San Diego’s Downtown Community Plan, the handsome, color-blocked building serves up 227 apartments for residents earning 25 percent to 60 percent of the area median income. And it rises 23 stories, making it the tallest affordable housing project west of the Mississippi.
Compounding that efficient land use, the structure itself is LEED Gold-certified, using 21 percent less energy than required by California’s Title 24. It’s located within walking distance of public transit, shopping, eateries, and downtown.
And it feels pretty ritzy. In addition to spectacular city views, it offers super-sleek interiors, more than 4,000 square feet of community space, 24/7 on-site management and maintenance, laundry facilities, underground parking, two large terraces with tot lots, outdoor barbecues, and a fire pit.
Sounds like market-rate luxury housing, except that units rent for a modest $493 to $1,261 per month. It’s no wonder the building reached full occupancy just two months after completion, with a waiting list of more than 8,000.
Learn more about markets featured in this article: San Diego, CA.