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Sherman Associates

 

Organization Info
Impacts/Projects/Collaborators 
Beam Assessment

Organization Information


Organization: Sherman Associates

Sector: Commerce

Organization Mission: Building communities. Enriching neighborhoods. Empowering people.

Website

Sherman Associates, Inc. Logo

 

It’s not our decades of successful development and property management experience that make us who we are. It’s our commitment to people and our vision for the future, a commitment and vision that permeate every project we touch and every property we own.

For over 40 years, Sherman Associates has been committed to building communities, enriching neighborhoods, and empowering people. As a developer, we’ve revitalized neighborhoods and transformed entire city blocks. As a property manager, we’ve improved living conditions for thousands of residents. No matter what project we’re taking on, we’re dedicated entirely to meeting the needs of everyone involved.

Our vision-oriented approach to development consists of three core principles: meet the needs of the city or neighborhood, bring innovative solutions, and properly utilize the right financing options. We don’t cut corners or pull out when unexpected challenges occur. Our team brings every project to successful fruition because we know the stakes are too high for any other outcome.

 

 


Related News and Status


 

Status Reports / News 
Related PlanScape Status on: Civic Engagement, Housing, Neighborhood, Sustainability

Key reports on: Sherman Associates


August 16, 2024: Tax Breaks to Landlords

PB reporting: A local program providing tax breaks to landlords in exchange for maintaining lower rents is being tweaked to encourage future development of affordable housing.

Read more ...
August 07, 2024: Age-Friendly Olmsted County (AFOC) Plan

August 2024 Report : Age-Friendly Olmsted County (AFOC) activities implementing the Age

Friendly Olmsted County 2022-2025 Action Plan since our annual report in February 2024.

Read more ...
August 02, 2024: Rochester Vision 2050
The visioning effort calls for soliciting broad community input to help propose desired strategic initiatives based on desired outcomes through 2050.

Read more ...
July 17, 2024: Bryk Apartments Rental Eligibility Amendment

July 17, 2024 City of Rochester: Adopting a Resolution authorizing an amendment to the Development Assistance Agreement and the Declaration of Restrictive Covenants to revise the affordability covenants related to the 80% Units.

March and May 2023 reports to DMCC including video, documents and presentations. 

Read more ...
July 17, 2024: City Housing Support

Home Ownership Creation Program - Prairie Ridge: "NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN hereby approves the contribution of $4,000,000 to the Prairie Ridge development to support the creation of 201 for-sale homes via the Home Ownership Creation Program.

 

Read more ...
July 01, 2024: First Half 2024 Targeted Business Enterprise Utilization Plan Reports

2Q 2024: June 2024May 2024 - Admin Message, TBE Report; April 2024 - Admin Message, TBE Report

1Q 2024: Feb 2024 - Admin Message, TBE Report; Jan 2024: Admin Message, TBE Report

Special callouts: Women in Construction; City of Rochester Equity in Development 

Read more ...
June 22, 2024: Rochester Area Volunteer Administration Training Info

Volunteer Recruitment Effectiveness: What can advertising teach us? 

Volunteer Process Assessment 

Read more ...
June 15, 2024: Homes for our Neighbors Community Gathering
Calling for Community Support at Community Meeting:  The most recent Olmsted County Maxfield Study found that from 2020-2030, housing demand required 18,000 new housing units. 71% would need to be general-occupancy and 29% age-restricted senior housing.

 

Read more ...
June 09, 2024: ISAIAH Rochester Agenda

Focus Area: Housing; Our Next Generation; Healthcare; Community-Building; Climate

Activities: Rochester Faith in MN & ISAIAH Calendar and Strategic Missions

Reference: CMRC June 24, 2024 Meeting Presentation Video

 

Read more ...
May 24, 2024: 1H 2024 Destination Medical Center
Proceedings

May 2024 DMCC Board Meeting and City, County, DMC Joint Meeting

Feb 2024 DMCC Board Meeting

Read more ...
May 21, 2024: M.O.V.E: A Collaboration of SHIP, Joint Study, One Olmsted

Mobilizing Olmsted Voices for Equity (M.O.V.E.) community council application

M.O.V.E. Promotional Flyer and Application to join M.O.V.E.

5/10/2024 Conversation Olmsted County Rep and CMRC Rep.: Regarding Olmsted County Community Council's DEI initiative called Mobilizing Olmsted Voices for Equity (M.O.V.E) 

Rochester Area Foundation Support Message

 

Read more ...
May 17, 2024: Minnesota Housing Profile Housing Statistics and Findings

2023 Olmsted County Housing Profile

State of MN Profile and Findings

Read more ...
March 10, 2024: West Transit Village
September DMCC Board Status: NTH to run a developer selection process with Mayo

2024-03-10 Added Video Clip Loop of Sep 2022 DMCC board meeting

Read more ...
March 07, 2024: City of Rochester Housing Actions
 

Feb 26 City Council Study Session Housing Portion: Economic Development Incentives for Housing

Video Clip

Presentation Slides

Read more ...

Community Anchor Participation:

 

 

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Impacts

The work of this organization may have impacts on the following areas:

PlanScape

Lvl 1: Civic Engagement ; Housing ; Neighborhood ; Sustainability

Lvl 2: Housing: Affordable Rate ; Housing: Market Rate

DMC Impact: Waterfront

Community Health Impact area:

 



Known Collaborators

Onboard Collaborators: DMC EDA

 

Organization Life Cycle Assessment (Pause, Startup, Steady, Isolated Impact, Collective Impact  Unknown)

Collective Impact

Site Information
Project Phase Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
About Beam
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  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

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