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Media Coverage

  • Pennrose-led group chosen to develop sprawling city-owned site in Chinatown
    April 10, 2017
    A team led by developer Pennrose has been selected to build a new complex of dwelling units, offices, hotel rooms and shops on the largest remaining parcel of municipally owned land in Center City.

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  • North Hill Poised to Become an Affordable and Market-Rate Housing Hub on Richmond Highway
    FairfaxCounty.gov February 15, 2017
    After many attempts over the years, new housing options are poised for a vacant property along Richmond Highway that was originally bought for affordable housing. The Board of Supervisors approved zoning changes to the nearly 35-acre property at the corner of Dart Drive and Richmond Highway.

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  • New housing development marks "new era", officials say
    WMDT 47ABC January 31, 2017
    With one snip during a ceremonial ribbon-cutting Tuesday, Wicomico County entered what some officials call a "new era" for mixed-income housing.

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  • Jewish Federation of South Jersey Plans Senior, Special-Needs Community for Springdale Road
    NJPen.com January 6, 2017
    The approximately $40-million, four-year project will be built in two phases. Fully deed-restricted to seniors and adults with special needs, designers say it will fill a significant community housing demand.

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  • 150 rentals for low- and moderate-income tenants planned for D.C.’s Deanwood
    The Washington Post November 15, 2016
    As part of the District’s New Communities Initiative, an ongoing effort to preserve and build affordable housing in the city, a new four-story, 150-unit apartment complex will be built at 5201 Hayes St. NE in Deanwood next year.

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  • The Importance of Creating a Shared Vision: A Q&A with Richard Barnhart, Chairman & CEO of Pennrose
    Enterprise Blog September 16, 2016
    We were fortunate to be able to sit down and talk recently with Richard Barnhart, chairman and CEO of Pennrose, about a variety of topics, including his firm’s transformative work on Saint Luke’s Manor in Cleveland.

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