{"id":21002,"date":"2024-03-28T14:40:39","date_gmt":"2024-03-28T18:40:39","guid":{"rendered":"https:\/\/lawsoncompanies.com\/?post_type=news&#038;p=21002"},"modified":"2025-02-17T12:52:59","modified_gmt":"2025-02-17T17:52:59","slug":"market-heights-apartments-recognized-with-2024-costar-impact-award","status":"publish","type":"news","link":"https:\/\/lawsoncompanies.com\/news\/market-heights-apartments-recognized-with-2024-costar-impact-award\/","title":{"rendered":"MARKET HEIGHTS APARTMENTS RECOGNIZED WITH 2024 COSTAR IMPACT AWARD"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>NORFOLK, VA \u2013 March 28, 2024<\/strong> \u2013 Lawson is proud to share that Market Heights Apartments in Norfolk, VA have been awarded the 2024 CoStar Impact Award for Multifamily Development of the Year in the Hampton Roads Virginia market.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Market Heights is a two-phase community totaling 164-unit income restricted 100% affordable LIHTC (Low Income Housing Tax Credit) units in Norfolk\u2019s St. Paul\u2019s district serving residents at 40%, 50%, and 60% AMI. The development includes 80 units of Universal Design and 17 fully accessible 504-compliant units.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAffordable housing is crucial to the region.\u201d said Impact Award judge, Kenneth Kahn, dean and professor of the Strome College of Business at Old Dominion University.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Market Heights is the first property approved under the City of Norfolk\u2019s new resiliency code mandating specific resilient measures applying to flooding, energy efficiency, and building integrity. The site has been raised out of the flood plain and manages 25% more stormwater due to improvements compared to the previous site. Environmental improvements resulted in Market Heights being recognized as an Elizabeth River Project River Star Business.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lawson partnered with Hope House Foundation and Volunteers of America Chesapeake and Carolinas at Market Heights to provide permanent supportive housing to residents with disabilities.\u202f Hope House also obtained a $100,000 grant from LISC Hampton Roads, powered by Sentara Health to fund a mobile food pantry, private telehealth booth, and accessible fitness center with wellness classes to benefit all Market Heights residents.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cMarket Heights is a fantastic example of modern affordable housing, developed in partnership with organizations who share our values and mission and designed to serve the needs of our community.\u201d, said Lawson President and CEO, Carl Hardee.\u202f\u202f&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2023 with significant influence in neighborhoods or submarkets across 128 major markets in the United States, Canada and the United Kingdom.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>ABOUT LAWSON<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At Lawson, we understand that what we do \u2013 and how we do it \u2013 affects the everyday lives of people we care about. For more than 50 years we\u2019ve focused on positively impacting people, from team members and residents to investors and business partners. We manage and own approximately 4,800 apartment units and continue to grow with 1,393 units in development. Our business model provides vertical integration of development, construction, property management and asset management, which enables our team of experts to add value at every stage for our partners. When you act with integrity, focus on quality and work to find creative solutions, great things are possible. It\u2019s how we\u2019ve done business at Lawson since 1972. For more information, please visit <a href=\"http:\/\/www.lawsoncompanies.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.lawsoncompanies.com<\/a>.&nbsp;&nbsp;&nbsp;<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":true,"_lmt_disableupdate":"","_lmt_disable":""},"news-topic":[236],"class_list":["post-21002","news","type-news","status-publish","hentry","news-topic-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MARKET HEIGHTS APARTMENTS RECOGNIZED WITH 2024 COSTAR IMPACT AWARD - Lawson Companies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lawsoncompanies.com\/news\/market-heights-apartments-recognized-with-2024-costar-impact-award\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MARKET HEIGHTS APARTMENTS RECOGNIZED WITH 2024 COSTAR IMPACT AWARD - Lawson Companies\" \/>\n<meta property=\"og:description\" content=\"NORFOLK, VA \u2013 March 28, 2024 \u2013 Lawson is proud to share that Market Heights Apartments in Norfolk, VA have been awarded the 2024 CoStar Impact Award for Multifamily Development of the Year in the Hampton Roads Virginia market.\u00a0 Market Heights is a two-phase community totaling 164-unit income restricted 100% affordable LIHTC (Low Income Housing [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lawsoncompanies.com\/news\/market-heights-apartments-recognized-with-2024-costar-impact-award\/\" \/>\n<meta property=\"og:site_name\" content=\"Lawson Companies\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-17T17:52:59+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/lawsoncompanies.com\\\/news\\\/market-heights-apartments-recognized-with-2024-costar-impact-award\\\/\",\"url\":\"https:\\\/\\\/lawsoncompanies.com\\\/news\\\/market-heights-apartments-recognized-with-2024-costar-impact-award\\\/\",\"name\":\"MARKET HEIGHTS APARTMENTS RECOGNIZED WITH 2024 COSTAR IMPACT AWARD - Lawson Companies\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/lawsoncompanies.com\\\/#website\"},\"datePublished\":\"2024-03-28T18:40:39+00:00\",\"dateModified\":\"2025-02-17T17:52:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/lawsoncompanies.com\\\/news\\\/market-heights-apartments-recognized-with-2024-costar-impact-award\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/lawsoncompanies.com\\\/news\\\/market-heights-apartments-recognized-with-2024-costar-impact-award\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/lawsoncompanies.com\\\/news\\\/market-heights-apartments-recognized-with-2024-costar-impact-award\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/lawsoncompanies.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News\",\"item\":\"https:\\\/\\\/lawsoncompanies.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"MARKET HEIGHTS APARTMENTS RECOGNIZED WITH 2024 COSTAR IMPACT AWARD\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/lawsoncompanies.com\\\/#website\",\"url\":\"https:\\\/\\\/lawsoncompanies.com\\\/\",\"name\":\"Lawson Companies\",\"description\":\"Highest Quality Housing &amp; 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