Investing in high-impact real estate projects
Bridges invests in real estate projects that help to foster healthy, vibrant urban communities
Demographic change and urbanization are creating serious social and environmental challenges for some US cities. We believe investing in the built environment is a key part of the solution – and a big opportunity.
We seek out complex developments, redevelopments or value-add opportunities such as mixed-income housing, small-medium enterprise office space, manufacturing and maker space, and community or healthcare facilities.
Our competitive advantage is driven by the team’s real estate expertise, understanding of how to drive value through public-private partnerships, and proprietary network of best-in-class partners – typically local sponsors who need mission-aligned, right-sized capital.
By supporting much-needed developments in dynamic growth areas, we can deliver attractive risk-adjusted returns alongside tangible societal impact.
Spoke, Atlanta, GA
Bridges UrbanView is working in partnership with Columbia Ventures to develop Spoke, a 2-acre transit-oriented-development at the Edgewood/Candler Park MARTA station. The project will take an underutilized piece of land and develop housing for tenants across a range of incomes, as well as communal public spaces. The investment will serve to make the neighborhood dense, walkable and well-connected to transit, so that the community and its residents can participate in Atlanta’s ‘revival’ rather than being left behind.
The project is the first part of a larger, 6.3 acre multi-phased mixed-use development that will activate an underutilized surface parking lot adjacent to transit, bringing residential units, an urban plaza, a community performing arts center and restaurant to the location. Phase 1 will include 10% affordable housing units, and the entire site will ultimately have a minimum of 20% of units at 80% of area median income.
What we offer
- $5m-$20m equity investment in urban developments or redevelopments
- An experienced investment team with strong sector expertise
- An entrepreneurial approach – comfortable with unusual deal structures and situations
- A proven track record of delivering commercial performance alongside impact
Keep up to date with our News & Views
In Michele’s second Forbes blog, she looks at the demographic trends powering an increase in…Read full article 9th July 2018
“The Sustainable Development Goals present a unique and critical challenge for countries around the world….Read full article 5th June 2018
As part of a year-long effort to highlight women leaders in private equity, McGuireWoods have…Read full article 23rd March 2018