Mohawk Landing: Utican Utopia
The development site is a 5-acre waterfront space, sitting between Delta Park and the post-industrial-style warehouse to the south. As section B in the third phase of the Harbor Point Master Plan 2021, Mohawk Landing will provide 23,486 SF of retail spaces, 13,859 SF of office, and 108,937 SF of residential apartments (146 units). Divided into southern and northern sections, Mohawk Landing will be constructed separately and will be completed phase by phase to achieve financial feasibility. After applying to the LIHTC program, this project can generate a 10-year IRR at 11.89% and 1.68x Equity Multiple. This mixed-use development is designed into a transitional fusion style to better harmonize this community. By providing 69,000 SF of open space in front of the water, Mohawk Landing will create a lively community and provide the residents an interactive living style in all four seasons.