HILTON HEAD, S.C. — CF Evans Construction has broken ground on Northpoint on Jarvis Creek, a 157-unit workforce housing project on Hilton Head Island. The Town of Hilton Head Island, OneStreet Residential and Royal Bank of Canada Community Investments (RBC-CI) are leading the public-private development team. Under the terms of the 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; and long-term programming support.
OneStreet Residential’s role involves design, permitting, financing, project management, construction, lease-up, long-term programming and property management. Northpoint’s one-, two- and three-bedroom apartments will be reserved for households earning up to 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.
“This development is for ‘the missing middle,’” said Brian Flanagan, RBC-CI managing director. “There’s affordable and there’s market rate, but what about the people in between? 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.” Completion is slated for summer 2027.