Stride Development Is More Than A Buildings
What We Do
Build
Design
Engage
Save
We Create Ways For People To Shape Their Neighborhood.
Affordable Workforce Housing
Problem
48 percent of all renters shoulder a rent burden, which means that they pay more than 30 percent of their income for rent (GAO 2020).
As the number of renters increases, the supply of rentals does not—a condition that drives up rent prices (GAO 2020).
Solution
Stride Development builds high quality, durable homes that a city’s workforce can afford. We set our rents below market rate to eliminate rent burdens and increase standard of living.
And we never cut corners to keep our prices low. Through innovative design and exceptional construction, our homes provide.
Time- And Money- Saving Amenities
Problem
Childcare is a major burden. Families spend nearly 20 percent of their income on childcare, and low-income families spend 40 percent (SIPP 2011).
Solution
Stride Development’s mixed-use buildings include space for childcare centers to serve residents and the wider community. Instead of arranging and paying for transportation to and from childcare, residents do not even need to leave the building to access services.
Community Engagement
Problem
Unless a municipality requires community engagement, traditional developers rarely seek the community’s input on a project.
Solution
Every Stride Development development creates the time and space to elicit feedback and ideas from the community. This is a non-negotiable element of each project’s timeline.
As we start projects across the country, we will hire locally and train new cohorts of developers. They will lead more development work in their communities, further increasing the supply of affordable workforce housing.
Energy Efficiency
Problem
Housing—including utilities and construction—accounts for 33.6 percent of total US household carbon emissions (Song et al. 2019).
Transportation accounts for 29.8 percent of total US household carbon emissions (Song et al. 2019).
Solution
Stride Development tackles catastrophic climate change in two main ways: through each building and its location.
By building to extreme energy efficiency standards, we significantly reduce both the building’s energy needs and its carbon emissions. As a bonus, this approach feeds back into affordability, since we can keep our residents’ utility bills low and predictable.
By building in more walkable areas close to public transportation, we reduce our residents’ need for and use of personal vehicles—thereby significantly decreasing transportation-related carbon emissions. In areas that rely more heavily on cars, we can create car shares, which both decrease emissions and the cost burden of owning a vehicle.