A Leader in Building Communities

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

Operating Divisions

McCormack Baron Salazar, Inc. (Development and Consulting)
McCormack Baron Management, Inc. (Management)
McCormack Baron Asset Management, Inc. (Asset Management)
MBS Urban Initiatives CDE (New Markets Tax Credits)

National Employees: 526

General Development

Total Development Investment: $5.6 billion
Homes Developed: 26,299
Commercial Space: 1.6 million square feet
Development Phases: 239
Development City Locations: 54
Development State Locations: 24, DC, PR, USVI

Mixed-Finance (HOPE VI/Choice Neighborhood/HUD Capital Funds)

Choice Neighborhood Implementation Grants: 16
Choice Neighborhood/HOPE VI/Mixed-Finance Phases: 120
Choice Neighborhood/HOPE VI/Mixed-Finance Development Investment: $3.6 billion
Choice Neighborhood/HOPE VI/Mixed-Finance Homes: 14,549

New Markets Tax Credits (NMTC)

New Markets Tax Credit Allocation: $525 million
NMTC investments closed since 2006: 71
Total NMTC Development Investment: $2.1 billion

Property Management

Portfolio: 15,686 homes in 132 properties
States: 22
Cities: 38

Asset Management

Asset Management Portfolio: 165 properties with 19,389 homes
Asset Management Activities: 26 states and 2 territories

Renewable Energy

Solar panel installation sites: 39
Clean power generated: 3.7 million (kWh annually)
Total system size: 2,637 kW (DC)

Green Building

Green Certified Homes: 8,282
Green Certified Communities (third party certified): 74
LEED for Homes--Platinum-434, Gold-376, Silver-110: 920
LEED Certified Neighborhoods (LEED-ND): 8
Enterprise Green Communities: 35

Notable Corporate Awards

Raul Yzaguirre President’s Award from the National Council of La Raza (NCLR) (2015); Tony Salazar).
Emeritus Award.  St. Louis Green Business Challenge (2013). 
National Award for Program Excellence. National Council of State Housing Agencies (NCSHA) (2005).
J.C. Nichols Prize for Visionaries in Urban Development.  Urban Land Institute. (2004; Richard D. Baron).

Notable Community Awards

American Society of Civil Engineers Metropolitan Los Angeles Branch, Outstanding Urban or Land Development Project of the Year (2015; Taylor Yard Transit Village).
Green Ribbon School Award. U.S. Department of Education. (2021: Flance Early Learning Center; 2012: Crossroads College Preparatory School).
Development of the Year. St. Louis Development Corporation. (2012; Arlington Grove and North Sarah).
Vanguard Award. National Affordable Housing Management Association. (2012; Harmony Oaks).
Renovation Project of the Year. Associated General Contractors of America. (2010; the Valentine).
Best Multi-Housing Renovation.  Multi-Housing News. (2010; the Valentine).
Outstanding Achievement Award.  Energy Star. (2006; Renaissance Place at Grand).
Award for Multifamily Housing to Recognize Excellence in Residential Design. AIA Housing Committee. (2006; Metro Hollywood Apartments).
New Community.  Urban Land Institute Award for Excellence. (2005; Pueblo del Sol).
HFA Annual Awards for Program Excellence - Special Housing Needs.  National Council of State Housing Agencies (2005; 6 North).
Bridge Builders Award. Partners for Livable Communities (2003; Center of Creative Arts (COCA).