The Edison 64 Veterans Community is an affordable housing community on the site of the former Edison High School at 7th and Somerset Streets in the Fairhill neighborhood of Philadelphia. This project not only helps our living veterans but honors those who attended Edison High School and lost their lives during the Vietnam War – 64 students in total, which is more than any other school in the country.
The Veteran Community is:
• A Housing Community for Veterans with On-site Services
The project incorporates service enriched programs and physical design that best serves a veteran population in transition in a comprehensive manner. The project design allows for on-site services provided by VMC for the residents and space for social interaction and communication. It is through this design of co-locating affordable housing, services, and communal space, that veterans will have the best opportunity to create successful, independent lives.
• Second Phase of a Comprehensive Revitalization Initiative
Called Edison Square, the first phase involved commercial development, with the new construction of a commercial shopping center that includes a full-service supermarket, convenience retail, community banking and restaurants. Edison 64 Veterans Community completes the multiple phase economic and community revitalization initiative, anchoring the commercial activity from Phase 1 and repurposing of a vacant school building into 66 affordable housing units.
• Innovative Development Partnership
The project sponsor is a unique partnership between a seasoned developer (Orens Brothers Real Estate, Inc.), a local nonprofit with a long history of serving veterans (Veterans Multi-Service Center), and a neighborhood, minority-owned, developer uniquely experienced with developing in challenging and emerging markets (Mosaic Development Partners). The use of this dynamic development partnership capitalizes on the strengths of each partner, bringing tremendous value to the project.