Carmen Chubb, President of Columbia Residential joins the Atlanta Real Estate Forum Radio show to discuss the importance of affordable housing in the metro area. Chubb sits down with show host Carol Morgan and touches on the company’s partnership with Atlanta’s mayor.
A repeat guest, the last time Chubb was a guest on the podcast, she had just joined Columbia Residential. Now, the company has a presence in five states and is actively working towards completing Mayor Andre Dickens’s goal to create and preserve 20,000 affordable housing units during his term.
Chubb shared that the best thing the company has completed to date was the recent ribbon cutting held at the renovated 40-year-old senior residential high rise in Southwest Atlanta. Previously known as High Tower Manor, Columbia Residential conducted an extensive renovation and is now known as James Allen Jr. Place. Following its facelift, the property now provides affordable housing to 129 seniors.
Chubb said, “The property was named after one of the former residents who was a resident leader. Before he passed away, he was a commissioner for the Atlanta Housing Board.”
In the past year, Columbia Residential also partnered with Matter Health. The group provides onsite primary care services to seniors in their homes. Residents can visit the clinic on the property and reserve primary healthcare services just a short walk from their front door.
Chubb said, “With primary and preventative healthcare, we think that it will really improve the quality of life for the residents, giving them longevity and healthier living.”
This addition first appeared at Heritage Senior, then James Allen Jr. Allen Place, with plans to add it to two more senior housing developments.
Amidst Columbia Residential’s incredible impact on the metro Atlanta area, the company is still experiencing the overhang of the pandemic and its effect on rising construction prices, labor shortages and more. Chubb is proud to share that despite these obstacles, Columbia Residential closed on all projects negatively impacted due to the pandemic.
In 2024, Columbia Residential aims to put 500 Atlanta units in place and expects to close three projects. The company is also pursuing another senior preservation project. If funded, this will add another 120 units to overall efforts.
Mayor Dickens specifically shines a light on preserving existing structures in his initiative. With 30 years of company history, Columbia Residential has housing stock that needs necessary updates and renovations.
Chubb said, “We’re looking inside and saying…how do we garner proceeds to make renovations on our properties?”
Tune in to the full interview above to learn more about Columbia Residential, or visit www.ColumbiaRes.com.
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