Oxford Mills: $36M live-work cohousing for teachers [New York Times]

The $36 million, 160,000 square foot live-work space for teachers and education nonprofits, including new headquarters for Teach for America was profiled by the New York Times. Meet Oxford Mills.

Two redbrick buildings in the up-and-coming but still gritty South Kensington section of Philadelphia are being converted into apartments and offices intended to house teachers and nonprofit educational organizations in what the developers hope will become a cohesive community.

When the renovation is complete, 60 percent of the buildings’ 114 apartments will be reserved for teachers, who will be offered a 25 percent discount on market rent — paying about $1,000 a month for a one-bedroom unit in a neighborhood where they typically rent for $1,300.

[New York Times]