Founded in 1973, McCormack Baron Salazar is a leader in developing economically integrated urban neighborhoods across the United States. The company's mission focuses on transforming places into thriving communities by providing quality, affordable housing and supporting comprehensive neighborhood revitalization efforts. Guided by their core values represented by the acronym MOSAIC—Mindful, Opportunity-centered, Socially responsible, Authentic, Innovative, and Collaborative—McCormack Baron Salazar is committed to improving the lives of low-income families and revitalizing under-resourced cities.
The company has a rich history, stemming from the experiences of its founders, Richard Baron and Terry McCormack, who recognized the urgent need for quality housing in low-income urban communities. Since then, McCormack Baron Salazar has expanded its services, developing mixed-income rental housing and multi-block areas, which integrate affordable and market-rate homes. Additionally, the company aims to address broader challenges by supporting neighborhood amenities such as schools, job training, health services, and economic development.
With total investment surpassing $5.6 billion and over 26,299 homes developed, the firm operates in 54 cities and has received numerous awards for its innovative and impactful community projects. McCormack Baron Salazar’s commitment to sustainability is evident through its green building initiatives, having developed thousands of green-certified homes and promoting environmentally friendly practices across its projects.
Looking ahead, McCormack Baron Salazar is equipped to meet 21st-century urban challenges, striving to create sustainable, opportunity-rich communities where all individuals can thrive, embodying their vision of neighborhoods as places of choice for families and individuals of all backgrounds.
