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Value Creation for Churches and Institutions

EYA has built an expertise working with churches, non-profits, and similar institutions to unlock the value of their excess land so they can better accomplish their missions. We have planned, rezoned, and purchased these properties and redeveloped them into high-quality residential and mixed-use communities. EYA has a unique set of capabilities that allows us to create value for our land sellers and partners:

  • Local firm that has built a reputation for integrity by consistently delivering on commitments
  • Unparalleled ability to work with municipalities and communities to obtain complex entitlements and rezonings
  • Experience building consensus with neighboring communities
  • Expertise in addressing local affordable housing requirements
  • Ability to add value to adjacent existing assets through our reputation, quality, aesthetic appeal, and compatibility
  • Deal structure flexibility including outright sale, land contribution, JV, or ground lease
  • Capacity to execute and close, providing certainty to our sellers and partners
Michigan Park 3

Value Creation for Churches and Institutions

EYA has built an expertise working with churches, non-profits, and similar institutions to unlock the value of their excess land so they can better accomplish their missions. We have planned, rezoned, and purchased these properties and redeveloped them into high-quality residential and mixed-use communities. EYA has a unique set of capabilities that allows us to create value for our land sellers and partners:

  • Local firm that has built a reputation for integrity by consistently delivering on commitments
  • Unparalleled ability to work with municipalities and communities to obtain complex entitlements and rezonings
  • Experience building consensus with neighboring communities
  • Expertise in addressing local affordable housing requirements
  • Ability to add value to adjacent existing assets through our reputation, quality, aesthetic appeal, and compatibility
  • Deal structure flexibility including outright sale, land contribution, JV, or ground lease
  • Capacity to execute and close, providing certainty to our sellers and partners

EYA Religious and Institutional Partners Include:

Interested in Working With Us?

If you own or represent a property that may have redevelopment potential and would like to learn more, please reach out to our team.

To learn more or to speak with us about a potential development project, please email Aakash Thakkar.  

Spotlight: Sutton Heights (formerly Metro Church)

We are thrilled to announce that we have recently rezoned and purchased a 4-acre parcel from Celebration Church. The property is located at 3500 Pickett Road in the City of Fairfax and formerly housed the Metro Church. The 50-unit townhome project will be priced from the $700s and open for sale in Fall 2021.

Bisnow: As More Churches Approach Fiscal ‘Breaking Point,’ Housing Projects Are Providing A Lifeline*

WBJ: Fairfax city just created its first affordable housing policy. EYA is already taking advantage.

The Patch: Sale Of Metro Church Property To Townhome Developer Completed

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Examples of Institutional to Residential Transformations

Development Name
Status
Details
Chancellors Row
Washington DC
Complete

The Paulist Fathers made the decision to develop 10 acres of their 20-acre Brookland campus and turned to EYA for a comprehensive plan that would include the entitlement process, garnering community support, and designing a project that would complement their seminary building. 

Michigan Park
Washington DC
Open for sales

The Josephites selected EYA to master-plan and entitle 4 acres of their 8-acre St. Josephs Seminary in Northeast DC. EYA's past success at Chancellors Row proved our ability to work with other religious institutions to maximize the value of their real estate assets. 

Chelsea School
Silver Spring, MD
Complete

EYA submitted an offer to purchase the Chelsea School's Silver Spring property after the school decided to relocate the campus to Hyattsville, MD to better serve their student body. EYA's purchase allowed the Chelsea School to achieve greater financial stability into the future. 

St. Angela Hall & Academy
of the Holy Cross
Kensington, MD
Entitlement

EYA is purchasing several acres of excess land from the Academy of the Holy Cross (AHC) and the Sisters of the Holy Cross (SHC). By building a trusting relationship with the County and community, EYA is rezoning the property to allow townhomes and senior housing, while providing land proceeds to the ACH and SHC to fulfill their educational and social missions.

Chancellors Row
Washington DC

Complete

The Paulist Fathers made the decision to develop 10 acres of their 20-acre Brookland campus and turned to EYA for a comprehensive plan that would include the entitlement process, garnering community support, and designing a project that would complement their seminary building. 

Get Details

Michigan Park
Washington DC

Open for sales

The Josephites selected EYA to master-plan and entitle 4 acres of their 8-acre St. Josephs Seminary in Northeast DC. EYA's past success at Chancellors Row proved our ability to work with other religious institutions to maximize the value of their real estate assets. 

Get Details

Chelsea School
Silver Spring, MD

Complete

EYA submitted an offer to purchase the Chelsea School's Silver Spring property after the school decided to relocate the campus to Hyattsville, MD to better serve their student body. EYA's purchase allowed the Chelsea School to achieve greater financial stability into the future. 

Get Details

St. Angela Hall & Academy
of the Holy Cross
Kensington, MD

Entitlement

EYA is purchasing several acres of excess land from the Academy of the Holy Cross (AHC) and the Sisters of the Holy Cross (SHC). By building a trusting relationship with the County and community, EYA is rezoning the property to allow townhomes and senior housing, while providing land proceeds to the ACH and SHC to fulfill their educational and social missions.

Get Details

Learn more about EYA Development