Somerset Development Company, LLC specializes in revitalization of urban communities. Based in Washington, DC, with an office in Baltimore, MD, Somerset develops and preserves affordable housing, provides resident services, renovates historic properties, and develops mixed-use properties that strengthen local communities. Somerset is committed to smart growth and sustainable urban communities, with an emphasis on transit-oriented and green development, and social change.
Somerset has a strong record of partnering with tenant associations, community organizations, local businesses, and the public sector that share Somerset's vision of building stronger communities. Somerset was founded in 2000 by Jim Campbell and Nancy Hooff. Mr. Campbell has over 30 years of experience in real estate development and finance, and Ms. Hooff has over 25 years of urban, community, and international development experience. Somerset is a 51% woman-owned business and is certified in Washington, D.C. as a Community Based Enterprise (CBE).
Somerset Development Company has developed affordable and market rate multi-family rental housing, mixed use and home ownership projects valued at over $429 million in Washington, D.C. and Baltimore with over 1,750 residential units, retail spaces and new community buildings developed or under development.