TZL 1431 (web)


BUSINESS NEWS SUFFOLK TO MANAGE CONSTRUCTION FOR NEW MERCY HOUSING PERMANENT SUPPORTIVE HOUSING PROJECT IN LOS ANGELES, 3552 WHITTIER BOULEVARD Suffolk, one of the most innovative and successful builders and real estate enterprises in the country, has been selected by Mercy Housing California, a leading national affordable housing nonprofit, to provide preconstruction and construction services for a new 70,000 square-foot, supportive housing project in East Los Angeles. The project, located at 3552 Whittier Boulevard within the Boyle Heights neighborhood, is currently in the preconstruction phase with construction anticipated to be completed by August 2023. “Affordable housing is in high demand and in short supply, not only in Los Angeles, but across the country,” said Ken Summers, General Manager of Suffolk Los Angeles. “Projects like Whittier Boulevard in partnership with Mercy Housing allow Suffolk to continue revitalizing the community and bring innovative, affordable housing options to Los Angeles neighborhoods, positively impacting and supporting the city’s most underserved individuals, families and veterans.” Designed by Abode Communities, the four-story building will consist of 63 permanent supportive housing studio

units for low-income households along with a manager’s unit. Residents will have access to common areas and amenities, including on-site property management offices, permanent supportive housing services, community room, community laundry room, and outdoor hardscaped and landscaped areas. “Nothing could be more pressing than providing permanent relief for Angelenos experiencing homelessness, and we’re proud to work with great partners like Suffolk to build quality, service-enriched affordable housing that enables residents to heal and stabilize their lives,” said Ed Holder, Vice President of Real Estate Development for Mercy Housing California. In collaboration with Mercy Housing California and with support from the city of Los Angeles through Proposition HHH – a $1.2 billion bond to more than triple L.A.’s annual production of supportive housing – Suffolk is working to ease the affordable housing shortage with multiple projects across the city. In addition to this development on Whittier Boulevard, Suffolk is working closelywith Mercy Housing on several other projects, including 6th Street Place in downtown Los Angeles, which will add 94 housing units to the area, as well as 600 7th Street in San Francisco, which will bring 200 residential units to the local community. Mercy Housing California currently

provides affordable, service-enriched housing to more than 19,000 families, seniors and people with special needs at 152 housing communities across the state. Across the country, Suffolk continues to ensure that affordable housing projects are constructed to support the ongoing and growing need within local communities. To date, Suffolk has led affordable housing projects totaling over $1 billion, constructing more than 11,000 residential unit builds. Suffolk’s expertise, dedication to diversity and inclusion, and innovative methods differentiate Suffolk from other builders in the affordable housing space. Suffolk is a national enterprise that invests, innovates, andbuilds. Suffolk is an end-to-end business that provides value throughout the entire project lifecycle by leveraging its core construction management services with vertical service lines that include real estate capital investment, design, self-perform construction services, technology start- up investment and innovation research/ development. Suffolk is a national company with $4.5 billion in annual revenue, 2,400 employees and main offices in Boston, New York, Miami, West Palm Beach, Tampa, Estero, Dallas, Los Angeles, San Francisco, and San Diego.

didn’t follow my footsteps into this industry, she did get into a profession that I, too, started my AEC career in. Our 10- and 15-year-old girls – Hazel and Olive, respectively – are both showing an interest in design. Between Minecraft and The Sims , they spend hours and hours designing houses and entire cities on their computers. They both also draw obsessively. And they have each gotten very fussy about their room decor. I would be surprised if either or both don’t eventually become architects, planners, or designers of some sort. While I knowwe all want our kids to be free to pursue their own interests and passions, we owe it to our children to expose them to the work we do early. Our firms need smart, motivated, and creative people. Take your children with you to the office. Buy them the computer programs that allow them to design and build. Show them the projects you have done. Talk about your work around the dinner table. Let’s start planting the seeds for the next crop of creative problem-solvers right here at home. You never knowwhat might sprout! Mark Zweig is Zweig Group’s chairman and founder. Contact him at

MARK ZWEIG, from page 11

the dinner table, and started working for my design/build/ development firm doing accounting and other stuff when she was an undergraduate college student. When we got back to the company that is today known as Zweig Group (it was taken over by its mezzanine lenders in 2010 from the private equity firm we sold it to in 2004), she became a writer and editor for our publications. Then she got her MBA and moved into marketing and marketing consulting for our clients. “Take your children with you to the office ... Talk about your work around the dinner table. Let’s start planting the seeds for the next crop of creative problem-solvers right here at home. You never knowwhat might sprout!” My second oldest daughter, Anna, is 31 now. She is a very successful recruiter and works for Korn-Ferry, arguably the most prominent and successful firm in that industry. While she

© Copyright 2022. Zweig Group. All rights reserved.


Made with FlippingBook Annual report