onestreet-northpoint-splash-page

OneStreet Residential breaks ground for Northpoint on Jarvis Creek, a workforce housing neighborhood, with Town of Hilton Head Island

Wed, 22 Apr 2026 17:04:35 GMT

New workforce housing public-private partnership development offers model for other communities in South Carolina and beyond

Members of the local workforce will soon have a new neighborhood to consider thanks to a public-private partnership among the Town of Hilton Head Island, OneStreet Residential, and RBC Community Investments (RBC-CI). The organizations celebrated the new neighborhood's groundbreaking with a community ceremony on February 12, 2026.

"Today marks an important milestone for our community. Northpoint is more than housing; it will be a vibrant neighborhood offering activities, programs and amenities designed to help its residents connect with each other," said Mayor Alan Perry. "For Town Council, it's an honor to help the community invest in what we value and to help facilitate a robust local economy through support for our workforce."

Hilton Head Island Town Manager Marc Orlando noted that the day's ceremony reflected thoughtful planning, persistence, collaboration, and a shared belief that the community deserves workforce housing solutions that last for generations to come.

"Groundbreakings always matter, but this one feels different," he said. "Moments like this should remind us that local government, at its best, is about creating lasting community value through places where people can live and thrive. And, that workforce housing solutions can be both practical and visionary, showing other communities across the nation that public-private partnerships can deliver meaningful, positive impact."

As part of the public-private partnership, the Town provides a 65-year ground lease, $1 million to support eligible site work with contributions secured from the American Rescue Plan Fund, affordability covenants to maintain a workforce neighborhood in perpetuity, zoning entitlements, long-term programming support and vision.

OneStreet Residential's role involves design, permitting, financing, project management, construction, lease-up, long-term programming and property management.

"Northpoint on Jarvis Creek is a connected neighborhood for the people who keep Hilton Head Island running, so that this essential workforce can live where they work, protecting the island’s future, economy, and sense of community," said Brendan Barr, OneStreet Residential Managing Partner. "For more information and to sign up to receive community updates, please visit northpointonjarviscreek.com."

Upon completion, Northpoint is slated to offer 157 units on 11 acres, comprised of one, two, and three-bedroom apartments with rental rates attainable for households with incomes ranging from 60 to 150 percent of the Area Median Income (AMI). Based on Beaufort County's 2025 AMI, a family of three could earn between $59,520 and $148,800 to qualify to live at Northpoint and enjoy amenities and programming that prioritize a high quality of life for the Island’s workforce, including teachers, law enforcement, hospitality workers, skilled tradesmen, and health care providers. At least 50 percent of the units will cater to households earning between 60 and 80 percent of the AMI.

Northpoint is RBC-CI's first nontax credit workforce housing initiative, which is intended to increase the supply of housing for middle income families.

"This development is for 'the missing middle;' there’s affordable housing and there's market rate housing, but what about the people in between," said Brian Flanagan, RBC-CI Managing Director. "This workforce housing development is for those individuals, with rents based on income so that they can put groceries on the table, cover medical costs, and save for the future. We are excited to be a part of this, for the future residents who will call Northpoint on Jarvis Creek home."

Next Steps and More Information

The following offers a tentative, high-level schedule for Northpoint on Jarvis Creek, managed by OneStreet Residential:

Tenants Register Interest - February 2026.

Secure Tenants (Lease Up) - Summer of 2026.

First Apartments Available – Early 2027.

Substantial Completion - Summer 2027.

"As the general contractor, CF Evans is committed to delivering a high-quality housing community that reflects the vision established by the Town and its partners. That means careful attention to durability, safety, safety, sustainability, and craftsmanship at every stage of construction," said Rusty Porter, CF Evans Executive Vice President. "Being good neighbors during construction is a responsibility we take seriously. We will work to minimize disruption, maintain clean and organized job sites, communicate clearly, and prioritize safety for residents, visitors, and workers alike."

Public Infrastructure Investment

The Town will improve signage, crosswalks, pathways, and access points through the United States Postal Service (USPS) location on William Hilton Parkway and along Gumtree Road to improve safety and connectivity, and livability throughout the area. This work will advance along with the construction schedule of the Northpoint on Jarvis Creek neighborhood.

This new workforce housing public-private partnership advances workforce housing opportunities through a balanced and long-term approach that supports economic vitality and community well-being, as outlined in the Town's 2026-2028 Strategic Action Plan .

To review frequently asked questions, watch a video about the development, and keep track of construction progress, visit Northpoint Workforce Housing Public-Private Partnership on the Town's website.

To learn more about Northpoint on Jarvis Creek's features and amenities, and to register interest in applying to live at Northpoint on Jarvis Creek, visit northpointonjarviscreek.com.

About OneStreet Residential

OneStreet Residential is an Atlanta-based owner, developer, and property manager focused on creating best-in-class, boutique-scale communities people love to call home. Since 1988, OneStreet has been dedicated to positively impacting the lives of its residents, associates, and neighbors one community at a time. OneStreet takes pride in crafting sustainable living spaces that become assets to their surrounding neighborhoods long after the communities open. OneStreet has created more than 130 communities representing over $1 billion in investments, a majority of which are workforce and mixed-income communities located throughout the Southeast. For more information, please visit onestreetres.com.

About RBC and RBC Community Investments

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

RBC Community Investments is part of the Municipal Finance team within RBC Capital Markets, the investment banking arm of RBC. RBC Community Investments is a leading syndicator of Low-Income Housing Tax Credits, Renewable Energy Tax Credits, State Tax Credits, Historic Tax Credits, and New Markets Tax Credits and capital provider of Workforce Housing Equity Investments. By creating well structured investments, our team of experienced professionals craft equity solutions that help drive the successful development of affordable multifamily communities and renewable energy projects nationwide. Please visit rbccm.com/communityinvestments.

Contact

Chelsea Sutton

Public Relations Strategist for Northpoint on Jarvis Creek

252-717-9919

Chelsea@ConsultMent.Agency

Can You Afford to Live in Hilton Head’s New Worker Housing Project?

Wed, 14 Jan 2026 17:09:42 GMT

After years of planning, Hilton Head’s first dedicated workforce housing project is finally shovel-ready. Site work began Thursday for the new 157-unit Northpoint housing community, according to a town press release. The project is a partnership between the Town of Hilton Head Island and OneStreet Residential, LLC, with the town providing $1 million and a 65-year ground lease for the project.

The community is set to be the first on Hilton Head that will require 100% of its residents to be employed on the island. Officials hope the project will help fill a gap in housing for workers on Hilton Head who don’t qualify for affordable housing but still can’t afford to live there. “Recent housing costs have challenged essential workers on the island from being able to enjoy shorter commutes and a better quality of life,” OneStreet Managing Partner Brendan Bar said in the press release. “Northpoint will open the doors to that opportunity for more than 150 households.” The units will be a mix of one, two and three-bedrooms, and will be built on an 11-acre tract of town-owned property next to the United States Post Office on the north end. Units are expected to cost renters between $1,600 and $3,600 per month, depending on household income and number of bedrooms, according to the press release. Although the units will be income-restricted, only half will be reserved for residents making below 80% of the median income for households of the same size in Beaufort County.

A number of other workforce housing projects are underway on Hilton Head. Novant Health has proposed a workforce housing initiative near Hilton Head Medical Center, while the town is currently seeking a partner for its second workforce housing project proposed at 30 Bryant Road. A groundbreaking ceremony is scheduled for Feb. 12. The first apartments are expected to be available by early 2027, according to a town website.

New Jarvis Creek development aims to bring workforce housing to Hilton Head

Wed, 14 Jan 2026 17:07:01 GMT

HILTON HEAD ISLAND, S.C. — A new workforce housing community called North Point on Jarvis Creek is planned for an 11-acre parcel of town-owned land on Hilton Head Island, bringing 157 townhouse-style units to an area already anchored by the Island Rec Center, the Boys & Girls Club and local schools.

The Town of Hilton Head has entered a public-private partnership with One Street Residential LLC and approved a 65-year lease for the site. The development will offer one-, two- and three-bedroom units and is being pitched as a way to keep more workers living on-island by concentrating the island workforce in one community.

Heather Woolwine, communications director for the town, said the reality is that “cost of living hasn’t necessarily kept pace with wage increases and affordability of housing is getting really complicated.”

She emphasized the project’s focus on the “missing middle” — households that don’t qualify for low-income programs but still can’t keep up with rising housing costs.

All 157 units are planned as workforce housing rather than just a percentage of the development.

Estimated rents are expected to range between about $1,600 and $3,600, targeting households earning between 60% and 150% of area median income.

Based on Beaufort County’s 2025 AMI, a family of three could qualify with earnings roughly between $59,520 and $148,800.

For the first three years after opening, leasing will be restricted to people who work on the island.

Town officials say the goal is to maintain and grow the local workforce by creating attainable housing options close to community amenities.

Groundbreaking is scheduled for February 12.

Town of Hilton Head Island Partners with OneStreet Residential for New Workforce Housing Community

Wed, 04 Oct 2023 20:09:46 GMT

OCTOBER, 2023 – Leaders with The Town of Hilton Head Island have entered into negotiations with OneStreet Residential to develop the first workforce housing community on an 11-acre site already owned by the town.

CLICK HERE for more information.