August 14, 2024

Socioeconomic Impacts of a Mixed Housing Development: Walter Reed Case Study

July 23, 2024

Socioeconomic Impacts of a Mixed Housing Development: Walter Reed Case Study

We are eager to announce a new upcoming REMI webinar titled, “Socioeconomic Impacts of a Mixed Housing Development: Walter Reed Case Study”. This presentation is being presented by Kelly Pinto, Victoria Falcon, Avigail Rosen, and Sean McCarthy from REMI from 2:00-3:00pm ET on Wednesday, August 14th.

Formally the Walter Reed Medical Center, “The Parks” is a 66-acre redevelopment located in Washington, D.C.. The mixed-income development notably includes 2,100 units of housing, of which 400 are affordable. Furthermore, 77 units permanently support veterans who have previously experienced homelessness. Using REMI’s dynamic PI+ and SEI model, we will analyze the socioeconomic impact of the mixed housing development, particularly the impacts on the veteran population.

We will consider construction costs, companies hired, employer demographics, and the economic benefits and detriments of the Walter Reed Project. We will also discuss the long term implications of this housing development with the goal of reducing socioeconomic disparities.