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Home About Company Profile
  • About
    • Company Profile
    • Leadership
    • Board of Directors
    • MBS and Goldman Sachs
    • Our Teams
    • History
    • Mission
    • Awards and Recognition
    • Careers

Company Profile

McCormack Baron Salazar is the nation’s leading for-profit developer of economically integrated urban neighborhoods. Here are some key stats about our company and our work:

National Employees: 435

McCormack Baron Salazar Development, Inc.

Total Development Investment: $2.45 billion
Homes Developed: 16,300
Commercial Space: 1.29 million sq. ft.
Private Foundation & Corporation Investment: $98.63 million
Federal Grants Received: $564.81 million
Development Phases: 149
Development City Locations: 35
Development State Locations: 17

MBS Development and Corporate Locations

Our specialties include:

HOPE VI Developments: 29
Total HOPE VI Development Investment: $1.32 billion
Total HOPE VI Homes: 7,300

LEED Certification Program: 16 (12 University Place LEED for Homes-Certified, 1 University Place LEED for Homes-Silver , 1 Crossroads LEED for New Construction-Platinum, 1 Renaissance Place at Grand LEED-ND, 1 University Place LEED-ND)
LEED for Neighborhood Development Certifications (LEED-ND)
: 2 (Renaissance Place at Grand; University Place)
LEED for Homes Certifications
: 13
Enterprise Green Communities Criteria sites: 2 (Tremont Pointe, Cambridge Senior)
HUD Green Communities Sites: 3 (Scott Carver, Arlington Grove, Legends Park West)

Historic Rehabilitation: 2,277 units; 891,624 sq. ft. of retail/commercial space

 

McCormack Baron Ragan Management Services, Inc.

Management Portfolio: 13,109 units
MBR Regional Offices: 17

 

MBS Urban Initiatives CDE, LLC

New Markets Tax Credit Allocation: $220 million ($60 million in 2006, $60 million in 2007, $50 million in 2008, $40 million in 2009, $10 million in 2010)
Deals closed since 2006: 16
Total Development Investment Leverage in NMTC deals:
$400 million

 

Sunwheel Energy Partners

Solar panel installation sites: 16
Clean power generated:
3,270,963 (kWh annually)
Total system size:
2,264 kW (DC)
Residents served through solar panel installations:
3,005 homes
Average % Clean power allocated to community common areas (St. Louis sites):
71.4%
Average % Clean power allocated to tenants
(St. Louis sites): 29.6%
Estimated annual reduction in carbon footprint:
3,704,852 pounds of CO2 emissions eliminated

 

 

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