City-owned Property Redevelopment

The City of Asheville owns land and buildings in many areas of the city. The City uses its property for parks, community centers, fire stations, police stations, public works garages, offices and other municipal purposes. Additionally, the City has committed to use its property to develop affordable housing. Asheville, like many other high-cost housing markets, is using vacant or underutilized public land to develop affordable housing options for people at all economic levels and stages of life.

What is Affordable Housing?

Housing is considered “affordable” if a family is spending no more than 30% of their income on housing costs.

What City-owned land is being considered for Affordable Housing?

360 Hilliard Avenue

  • What is it? 86 unit mixed income rental development, includes 34 affordable units.
  • Who is the City’s development partner? Kassinger Development Group, Inc.
  • What is the timeline for development? Fall 2019

18 Pisgah View & 411 Deaverview Road

  • What is it? 16+ acre City-owned parcel, undeveloped and vacant
  • Who is the City’s development partner? TBD
  • What is the timeline for development? TBD

29 Oak Hill Drive

  • What is it?  3.71 acre City-owned parcel, undeveloped and vacant
  • Who is the City’s development partner?  Homeward Bound of Western North Carolina has proposed to partner with the City to build 80 units of housing to serve chronically homeless individuals.
  • What is the timeline for development? TBD

171-179 S. Charlotte Street

  • What is it? 6 acres, currently City Public Works Garage and Fleet Management locations
  • Who is the City’s development partner? TBD
  • What is the timeline for development? TBD

91 Riverside Drive

  • What is it? 1.75 acres, currently vacant
  • Who is the City’s development partner? TBD
  • What is the timeline for development? TBD

319 Biltmore Avenue

  • What is it? Matthews Ford Site, City has option to purchase 5.5 acre site
  • What is the timeline for development? TBD
  • Who is the City’s development partner? TBD

State Street

  • What is it? 0.18 acres, access point for MHO development
  • Who is the City’s development partner? Mountain Housing Opportunities
  • What is the timeline for development? TBD

SOLD!  427 Broadway

  • What is it? 0.38 acres of vacant property to be developed with a mixed use commercial & residential development.  At least 8 of the total housing units built will be affordable for those with an income at 60% of area median income.
  • Who is the City’s development partner? Reed Creek Greenway Plaza, LLC.
  • What is the timeline for development? TBD