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McCormack Baron & Associates was founded in 1973 by
Richard Baron, a public interest and civil rights attorney representing public housing tenants in St. Louis and Terrence "Terry" McCormack, former homebuilder and consultant to labor unions who were interested in developing elderly housing for
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In 2009 McCormack Baron
Salazar created the Sunwheel Energy Partners subsidiary to provide solar energy programs linked to affordable housing and urban development. Sunwheel installs solar panels on public, affordable and mixed income housing developments to help lower energy costs. The firm uses
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to bring renewable energy components to affordable housing communities in St. Louis, New
Orleans, Memphis and various cities in California. According to the Journal of Tax Credits, 2600 solar panels installed by McCormack Baron saved the St. Louis Housing Authority $ 40,000 a year in energy
289:. McCormack Baron Salazar has a total of five certified LEED neighborhoods, 1 LEED Platinum certified school, 758 LEED certified homes, 26 Enterprise Green Community Criteria sites and 3 HUD Green Community Sites. McCormack Baron Salazar communities have been highlighted as examples of
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In 2010 the Hope VI program was revamped as the "Choice
Neighborhoods" program. McCormack Baron Salazar was awarded two of the first Choice Neighborhood implementation grants for the Eastern Bayview project in San Francisco and for the Iberville/Treme project in New Orleans.
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Terry McCormack died in 1981 the same year his son Kevin, who was a vice president of a New York bank, joined the firm. In 1985 Tony
Salazar joined the firm and in 2003, he became president of West Coast operations rebranding the firm McCormack Baron Salazar.
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Between 1973 and 2018 McCormack Baron
Salazar developed more than 21,000 homes and 1.4 million square feet of commercial space across 197 developments in 46 cities and 22 states, DC, Puerto Rico and the USVI. Community development projects include 37
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neighborhoods. In contrast to large-scale urban renewal projects, early McCormack Baron developments focused on small, single site, mixed income rental properties with access to schools, services and local economic opportunities for residents.
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and Choice
Neighborhood developments creating more than 10,500 mixed-income homes. McCormack Baron Salazar has conducted historic rehabilitation of more than 2,000 housing units and nearly 1 millions square feet of historic commercial space.
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purchased a stake in McCormack Baron
Salazar adding two Goldman representatives to the company's board. Goldman Sachs had been an investment partner with McCormack Baron in the re-development of
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projects. McCormack Baron
Salazar provides development as well as ongoing property management services, development financing and tax credit services, and asset management services. </ref>
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McCormack Baron
Salazar developed a mixed finance, mixed income approach to urban revitalization and their early projects served as a model for the
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In 2011 McCormack Baron Salazar became the first ever real estate developer to certify two completed LEED-Neighborhood Developments from the
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energy programs. McCormack Baron Salazar has 28 solar installation sites providing clean power to communities with more than 3,300 homes.
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PREPARED STATEMENT OF SANDRA HENRIQUEZ, Assistant Secretary for Public and Indian Housing, Department of Housing and Urban Development
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240:. Since that time, McCormack Baron Salazar has developed and manages more than 7,000 apartments in 29 HOPE VI developments.
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specializing in economically integrated urban neighborhoods with more than $ 4.23 billion invested in affordable and
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McCormack Baron Salazar/ Goldman Sachs Urban Investment Group strategic partnership on rebuilding urban America
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Affordable Rental Housing Development in the For-Profit Sector: A Case Study of McCormack Baron Salazar
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program. McCormack Baron Salazar developed the first HUD Hope VI pilot project at
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HOPE VI and Mixed-Finance Redevelopments: A Catalyst for Neighborhood Renewal
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Architecture Inc. Celebrating LEED-ND certification of University Place
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Public Housing Transformation Projects that Build Healthy Communities
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715:, Futures Forum on Public Housing Transformation, February 26, 1999.
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union members. Baron was representing tenants in a public housing
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Tremont Pointe among affordable housing projects lauded for design
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McCormack Baron Salazar gains two LEED neighborhood certifications
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may have been created or edited in return for undisclosed payments
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St. Louis Housing Authority installs more than 2600 solar panels
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as part of a coalition called in to help resolve the conflict.
703:, U.S. Green Building Council, site accessed 13 November 2019.
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The McCormack Baron Salazar development portfolio includes:
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607:, U.S. Housing and Urban Development Agency, December 2011.
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Building a Better Way of Life in Inner-City Neighborhoods
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McCormack and Baron saw the opportunity of redeveloping
497:, Affordable Housing Finance Magazine, April/May 2009.
509:, St. Louis Housing Authority Report, September 1974.
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is an American real estate development firm based in
33:. It may require cleanup to comply with Knowledge's
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Goldman Sachs buys stake in McCormack Baron Salazar
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629:McCormack Baron to use tax credits for solar power
264:site in New Orleans' which had been destroyed by
469:McCormack Baron Salazar: Sustainable Communities
256:In 2010, the Urban Investment Group of the bank
227:U.S. Department of Housing and Urban Development
631:, St. Louis Business Journal, November 8, 2009.
471:, St. Louis Business Journal, October 28, 2011.
293:for integrating employment, services and other
847:, Jersey City Housing Authority, January 2012.
576:, U.S. Senate Hearing 112-515, March 27, 2012]
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794:, Illinois Business Journal, March 14, 2004.
655:, Business Wire press release, May 10, 2010.
619:, St. Louis Business Journal, July 15, 2009.
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667:, St. Louis Business Journal, May 16, 2010.
993:Real estate companies of the United States
920:, Gay & Lesbian Housing, January 2012.
757:, Hollywood Community Housing Corporation.
519:Rebuilding a Neighborhood – Inside and Out
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983:Real estate companies established in 1973
785:East St. Louis’ Emerson Park neighborhood
545:, Urban Land Institute, October 22, 2004.
432:Villa del Sol Apartments, Kansas City, MO
206:and McCormack was working with the local
643:, Journal of Tax Credits, November 2011.
564:, Brookings Institution, September 2005.
737:Bedford Hill Apartments, Pittsburgh, PA
521:, Oberlin Alumni Magazine, August 1999.
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857:City Celebrates Launch of Legends Park
507:HUD Pruitt homes & Igoe apartments
804:Hopes are soaring for *Henson Village
339:Crossroads College Preparatory School
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605:Choice Neighborhoods Project Summary
488:Top 50 Affordable Housing Developers
932:, Multi-Housing News, May 18, 2011.
691:, Multi-Housing News, May 13, 2011.
368:Lafayette Village, Jersey City, NJ
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806:, Arizona Central, June 19, 2005.
617:McCormack Baron forms energy firm
365:Irvine Inn Apartments, Irvine, CA
329:Centennial Villa, Kansas City, MO
908:, Cleveland.com, April 27, 2009.
533:, Forbes Magazine, January 2012.
411:Renaissance Place, St. Louis, MO
378:Lexington Village, Cleveland, OH
362:Horace Mann Apartments, Gary, IN
350:Emerson Park, East St. Louis, IL
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1003:1973 establishments in Missouri
945:, Missourian, October 19, 2005.
701:McCormack Baron Salazar profile
866:, Memphis Daily News, undated.
531:Tony Salazar Executive Profile
423:Triangle Square, Hollywood, CA
250:New Markets Tax Credit Program
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998:Property management companies
586:FY10 NOFA/Funding Information
356:Apartments, San Francisco, CA
262:The C.J. Peete public housing
988:Companies based in St. Louis
943:*Transforming Public Housing
888:Gardens at Renaissance Place
876:Lexington Village Apartments
420:Tremont Point, Cleveland, OH
320:Carlton Court, Hollywood, CA
317:Bedford Hill, Pittsburgh, PA
299:transit oriented development
58:McCormack Baron Salazar, LLC
767:Centennial Villa Apartments
390:Apartments, Los Angeles, CA
359:Henson Village, Phoenix, AZ
287:U.S. Green Building Council
150:Terry McCormack, co-founder
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406:Quality Hill, Kansas City
375:Legends Park, Memphis, TN
148:Richard Baron, co-founder
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748:Carlton Court Apartments
183:McCormack Baron Salazar
345:East Hampton Apartments
88:Real estate development
968:McCormack Baron videos
816:Horace Mann Apartments
96:Real estate management
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827:Irvine Inn Apartments
297:components including
100:Community development
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39:neutral point of view
456:Mixed-income housing
191:mixed-income housing
187:St. Louis, Missouri
156:Number of employees
104:Property investment
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893:2011-12-07 at the
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560:2016-03-04 at the
493:2011-12-12 at the
92:Financial services
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838:Lafayette Village
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402:, Los Angeles, CA
396:, New Orleans, LA
384:, Minneapolis, MN
266:Hurricane Katrina
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133:Headquarters
112:Urban design
74:Company type
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415:Tobacco Row
303:solar power
238:Atlanta, GA
204:rent strike
977:Categories
476:References
215:inner city
160:931 (2019)
144:Key people
253:savings.
208:Teamsters
46:July 2019
891:Archived
860:Archived
841:Archived
788:Archived
770:Archived
751:Archived
589:Archived
558:Archived
491:Archived
445:See also
84:Industry
279:HOPE VI
230:HOPE VI
197:History
165:Website
123: (
118:Founded
78:Private
727:(2016)
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725:Bratt
408:, MO
301:and
174:.com
125:1973
121:1973
236:in
170:www
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