May 4, 2015
Congratulations to Atlantic Development and Investments on being selected as a semi-finalist in the Housing Development Category for the NDC Academy Awards 2015. The NDC Academy Awards Semi-Finalists represent some of the most innovative and impactful developments changing the lives for residents in underserved communities across the country, NDC is honored to highlight the achievements of these organizations at the NDC Academy 2015.
Ghost Ranch Lodge Apartments – Tucson, AZ
The history of Ghost Ranch Lodge Apartments and its rehabilitation is complex and extensive. Originally designed by renowned Swiss Architect Josi as Joesler in 1941, Ghost Ranch Lodge holds a unique place in the history of Arizona. The skull logo appearing on the iconic signage was designed by renowned American artist Georgia O’Keefe. The property consists of 7.3 gross acres of land and contains twenty historic buildings, built between 1941 and 1953. The property also contains the famous Desert Cactus Garden, which is the residence of the officially recognized “Great Tree of Arizona,” the largest Boojum Tree in the state of Arizona. Having proudly served the community for well over half a century, Ghost Ranch Lodge had sadly deteriorated into a vacant complex in a state of serious dilapidation. The present affordable housing community began proudly accommodating low-income senior and physically disabled persons in July 2010 and was fully occupied by March of 2011 upon completion of Phase II. Prior owners of Ghost Ranch Lodge had applied for, and received, a reservation of low income housing tax credits on two previous occasions. However, presumably as a result of the complexity of the property, the historical nature of the buildings and garden area, and other market conditions, neither prior effort succeeded as planned. On July 12, 2007, Ghost Ranch Lodge was purchased at auction by an affiliate of Atlantic Development and Investments, Inc., with the intent to bring all of its experience, resources and efforts to this troubled property. Since that time, we have worked diligently with City, County and other housing officials, City building and development officials, City and State historic preservation officers, neighborhood and community revitalization organizations, non-profit special needs service providers, architects, engineers, contractors, non-profit community support organizations, lenders, tax credit syndicators and investors and other professionals.
Ghost Ranch Lodge satisfies the housing needs of low-income seniors and physically disabled persons in the Tucson area through the conversion of studio motor court apartments into one-level one-bedroom apartments, which are uniquely suited to the needs of the elderly. 100% of the 112 units are rent restricted units for persons whose income is 60% or less of the AMI. This met a strong demand for this type of housing in the area; in fact, a market demand study had noted that Ghost Ranch Lodge filled “the biggest need in the community, that is, for affordable senior housing units.” The rehabilitation of Ghost Ranch Lodge also contributed towards the revitalization of the area. The project is located within a Federal Empowerment Zone, a QCT and the Miracle Mile Oracle Area Revitalization Project Boundaries, which encourages a variety of housing options sensitive to the area’s historic character and overall improvement of the built environment, in conformance with policies found within the City of Tucson General Plan.