McCormack Baron Salazar is the nation's leading for-profit developer of economically integrated urban neighborhoods.


Westminster Place, Saint Louis, MO




 

Building strong communities includes developing owner-occupied housing. MBS accomplishes homeownership development in partnership with public sector partners and with local homebuilders. Homeownership typically follows the initial rental development phase. A strong rental housing community begins to create a healthy housing market and a revitalized community where homeowners will be willing to make a financial and lifestyle commitment.

Working with local architects and guided by design principles that have been adopted by the public sector and won the support of residents, we create a series of housing styles for homeownership development. Local homebuilders are selected using rigorous guidelines to maintain the high standard of quality that we apply to our own buildings.
We coordinate the marketing and buyer selection process with an experienced local community organization. Homeownership developments offer attractive, very high-quality homes to a range of income levels by leveraging funds for low and middle income households so that the price of the home is affordable.