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What's Happening Around the Company
 
Lathrop affordable residence helps organize family chess tournament in Chicago

On July 23rd, Related Midwest’s affordable residence Lathrop partnered with local nonprofits to organize Chi-Town Chess: The Englewood Open, a chess event that brought Chicago families together for a day of fun and competition. In the Lathrop Cooperative Woodshop, artists Erik L. Peterson and Vernon Herrion developed, designed and constructed ten hand-built chess tables and twenty stools, along with custom-made trophies for the tournament winners, made from reclaimed Lathrop lumber felled by the redevelopment.

Related Affordable celebrates grand opening of Friendship Court Apartments and St. Francis Park

On August 4th, Related Affordable joined partners and city officials to commemorate the newly renovated Friendship Court Apartments and St. Francis Park in Anderson, South Carolina. Related Affordable provided comprehensive renovations to Friendship Court Apartments, an affordable community featuring 80 units that was built in 1972. Residents will now enjoy significant enhancements to their homes' interiors, amenity spaces, landscaping and security system, including new appliances, new roofing and windows, ADA accessibility and more. Related Affordable Foundation and KABOOM! also worked with the City of Anderson to upgrade the amenities at St. Francis Park, which is adjacent to Friendship Court. Residents and the surrounding community will now have access to a multi-sport court, stationary fitness equipment, a drop-shot game for younger children, park benches, a walking path and new landscaping. Related is proud to preserve and rehabilitate affordable housing for our residents for years to come.

Full renovation of historic Biltmore Towers revealed in Dayton, Ohio

On August 2nd, Related Affordable and St. Mary Development Corporation presented the full rehabilitation of historic Biltmore Towers in Dayton, Ohio. Originally opened in 1929 as a hotel and then converted into affordable senior housing in 1981, Biltmore Towers is a 230-unit residence totaling more than 300,000 square feet. The two-year, comprehensive rehabilitation included structural renovations such as new roofing, façade repairs, and upgrades to the elevators, windows and plumbing, as well as extensive updates to each residence, featuring new kitchens, bathrooms, flooring and lighting. Updated amenities include the renovation of the second-floor community areas, such as the former ballroom that was converted into a common gathering area, a new fitness center with cardio and physical therapy equipment, a barber salon, a flexible multi-purpose room, new management and resident service coordinator offices and more.

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Kimberly Sherman Stamler wins CEO Social Leadership Award

Related Beal President Kimberly Sherman Stamler has been selected by Boston Business Journal as the 2022 honoree of the Alnoba Lewis Family Foundation CEO Social Leadership Award. The award acknowledges Stamler's achievements as an executive who has innovated in the face of the region's most pressing challenges.

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Vision and Impacts
Vision and Impacts

Set amid 50 acres of parks, playing fields and green spaces, Brent Cross Town will add new homes, offices, shopping and dining to North London. In collaboration with the existing community, Brent Cross Town is developing accessible outdoor spaces like Claremont Park and Exploratory Park. With a goal to go net zero carbon by 2030 at the latest, Brent Cross Town will combine sustainable techniques with lively spaces designed for sports, exercise and play, enabling healthier lifestyles for all.

Vision and Impacts
Vision and Impacts
Related Beal pioneers life science developments in Boston

Kim Sherman-Stamler and Bruce A. Beal, Jr. share how Related Beal has served Boston's cutting-edge life science industry for over 4 decades. By partnering with local schools and hospitals, Related Beal is creating high-tech spaces to help today and tomorrow's leaders find life-changing discoveries.

Vision and Impacts
Vision and Impacts
Related California celebrates 30 years of serving local communities

With over 17,000 completed residences throughout the state, Related California builds upon a legacy of collaboration with local leaders and organizations to create developments that contribute to communities in lasting and meaningful ways.

Vision and Impacts
Vision and Impacts
Related Southeast connects West Palm to global cultures and traditions

At the annual Palm Beach Food & Wine Fest, gourmands of all ages learned about international cuisines and participated in a weekend full of activities at The Square, including cooking demos, chef competitions and book signings.

Vision and Impacts
Vision and Impacts
Related Midwest executives support Project H.O.O.D. for Chicago neighborhood

Helping raise awareness for a good cause, President Curt Bailey and EVP of Construction Don Biernacki of Related Midwest joined Pastor Corey Brooks to camp overnight on a Woodlawn rooftop—part of a 100-day tent-a-thon organized by Project H.O.O.D. to address violence in Chicago's South Side and raise funds for a new community center.

Vision and Impacts
Vision and Impacts
Related Beal shares the vision of a more connected and flourishing Boston

Kim Sherman-Stamler and Bruce Beal, Sr. discuss the company’s commitment to build local communities. By collaborating with long-time residents, community groups and local organizations, Related Beal is helping shape the future of Boston.

Our passion for urban life could not be any stronger. We are committed to moving our communities forward and enriching people’s lives.
Stephen M. Ross
Chairman & Founder
 

Diversity, Equity and Inclusion

Related is committed to building more inclusive cities and increasing diversity, equity and inclusion within the company and the broader real estate industry.
 
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What's Happening Around the Company

Introducing Related Argent

On May 19th, Related Companies and Argent's joint venture company unveiled its rebranding as Related Argent, which signals an evolution in the company's long-term vision and highlights its strong connection to Related's family of brands. The company was first formed in 2015, combining the skills, expertise and track records of Argent—known for delivering some of the best mixed-use places in the UK—and Related Companies—one of the most prolific and successful US real estate companies—to create an unrivaled UK property business and urban regeneration specialist.

Read the Press Release
 
Related Affordable Housing
Related Affordable Housing

Related Affordable and Related Affordable Foundation team members joined partners, city officials and locals from Anderson, South Carolina to honor the reopening and renovation of affordable residence Friendship Court Apartments, as well as adjacent St. Francis Park. Related is thrilled to preserve affordable housing for Anderson's residents and to contribute an engaging place to play, exercise and connect for the community.

Related Affordable Housing
Related Affordable Housing
Renovations on Colonial Village's affordable residences underway in Cincinnati

Colonial Village in Cincinnati was acquired by Related Affordable in 2021 with a plan to significantly improve residents’ quality of life. The renovations currently underway have focused on revamping the residences’ interiors, building systems and critical infrastructure. Listen to residents share their personal experiences of how their homes' remodeling has enhanced their wellbeing and connection to the community.

Related Affordable Housing
Related Affordable Housing

Residents at Fulton Houses and Elliott-Chelsea Houses, together with the New York City Housing Authority (NYCHA), have selected Related Companies and Essence as the development team that will deliver comprehensive building and apartment upgrades for the nearly 4,500 residents living in more than 2,054 apartments at four NYCHA campuses: Chelsea, Chelsea Addition, Elliott and Fulton Houses.

Related Affordable Housing
Related Affordable Housing

Together with LR Contracting Company and Bowa Construction, Related Midwest broke ground on 900 Randolph in Chicago. The 43-story building will introduce 300 luxury apartments—with 20 percent designated as affordable—and will break barriers as Chicago's first high-rise project with an African-American Minority Business Enterprise (MBE) co-leading construction.

Related Affordable Housing
Related Affordable Housing
Riverwalk Park offers permanently affordable housing with a strong sense of community for NYC’s workforce

Located in NYC's Roosevelt Island neighborhood, Riverwalk Park is a 340-unit permanently affordable development completed in 2020. The Enterprise Green Communities Certified building caters to low-, middle- and moderate-income New Yorkers, including nurses, veterans, teachers and firefighters.

 

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The Grand by Gehry
The Grand by Gehry’s premium rental residences represent a highly anticipated collaboration between today’s leading architects and designers whose talents combine world-class living and design, featuring a façade by Frank Gehry, interiors by Ingrao Inc. and amenity interiors by The Rockwell Group.
 
Related in the Community
Related in the Community
Related Beal employees share industry knowledge and experiences in immersive educational program

During the 6-week Street2Ivy entrepreneurship course, designed to increase opportunities in real estate and part of Related Beal's ongoing educational programming, 25 Related Beal volunteers taught 10 adult students industry fundamentals. The program focused on networking, career awareness and entrepreneurship, pairing volunteers with industry partners to teach students about the development life cycle and how to start a business.

Related in the Community
Related in the Community

Related and Olympia Development partnered with Project Destined to provide a 6-week paid internship program to 20 Detroit public school students. The intensive internship focused on new construction and historic restoration within the city, equipping students with real-world experience that concluded with presenting mock development proposals based on actual Detroit properties, offering them the opportunity to develop knowledge and skills that will serve them in their future careers.

Related in the Community
Related in the Community
Related Southeast team feeds families at Chef for a Day event

In June, team members from Related Southeast helped prepare a delicious taco night meal for 75 guests at Quantum House in West Palm Beach. The nonprofit supports families with children who are being treated nearby for serious illnesses, and their Chef for a Day program provides meals to the 30 families who reside at Quantum House daily.

Related in the Community
Related in the Community
Related and partners coordinate pitch competition to develop young talent in Detroit

On June 11th, Related Companies partnered with ServiceNow and The Boys & Girls Clubs of Southeastern Michigan (BGCSM) to host the Tech Showcase Pitch Competition in Detroit. ServiceNow donated $10,000 to the competition in which young participants sought funding for innovative business ideas. Related is proud to support Detroit's next generation of entrepreneurs and to help build the region's talent pipeline.

Related in the Community
Related in the Community

At Related, we believe in building the best urban landscape environments: for our cities, and their people. In the coming months, we invite you to discover the green spaces we create in our neighborhoods, and the positive impact they have on their communities.