East Greenwich, RI
Brookside Terrace consists of 96 one- and two- bedroom apartments in four separate buildings and an onsite clubhouse for residents. Prior to this project, there was virtually no affordable housing in East Greenwich – one of the wealthiest municipalities in Rhode Island with a median household income of $130,000. Brookside Terrace now provides safe and comfortable homes to individuals and families who might otherwise be priced out of this neighborhood.
Built on a formerly vacant 17.2-acre site, Brookside Terrace’s beautiful, contemporary buildings and lush open spaces for residents to enjoy are a welcome addition to the area. The community is immediately accessible from Route 2 (South County Trail) and conveniently located near the area’s downtown restaurant and shopping district.
Consisting of two phases, Phase I includes the construction of two 3-story residential buildings with 48 total units and a single-story clubhouse. Phase II includes 48 affordable rental units in two additional three-story apartment buildings. All of the buildings are garden-style walk-up structures with a mix of one- and two-bedroom, open-concept style apartments.
Both phases of Brookside Terrace were designed and built to Passive House standards, which utilizes super insulation, airtight building envelope and heat-recovery ventilation systems to reduce overall energy consumption. Dakota began implementing these principles into communities in 2016 and is now one of the nation’s most active Passive House developers of affordable housing.
Total Development Costs: $30 million
Financing Partners: Bank of America, Rhode Island Housing Authority