Contrary to some recent press accounts, rental activity at Revival Ridge (the actual name of the CDA's Allied Drive Redevelopment project) is proceeding at a very successful clip. With four leases signed on just one day this week, there are now only 3 unleased units, all non-Sec. 8. Staff expects to fill the 48-unit project within 2 months. There is also a waiting list of about 50, with applications and phone calls coming in daily. The "newsworthy" note that there are only a handful of people living in Bldg. A failed to consider that most of our move-ins have always been set to happen in August (just as for other parts of the city). The issue has not been getting people to apply for the units; it has been the Sec. 42 income verification and Sec. 8 approval processes.
Thought you'd want to know.
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