E3 Development is a woman-owned real estate development company focused on delivering high-quality, innovative housing projects that respond to the needs and priorities of local communities.
Eliza Edelsberg Datta founded the company in 2018 to pursue real estate development opportunities and related advisory roles, with a focus on affordable and mixed-income residential projects. Eliza is known as a creative developer with a successful track record of planning, financing, and executing a wide range of housing and community development projects. She has extensive experience and relationships with partners across public, private, and non-profit sectors.
Eliza began her new venture with more than 20 years of real estate development experience in markets across the Northeast. She has deep experience in Boston, where she has contributed to the permitting and execution of development projects comprising more than 2,000 housing units.
She previously directed real estate development activities for The Community Builders (TCB), a national housing developer, where she oversaw a $1 billion pipeline of affordable and mixed-income housing projects in the New England region. Prior to her work with TCB, she held senior development positions with New Boston Fund, a private equity real estate firm, and Phipps Houses, New York City’s largest non-profit housing developer.
Eliza is active in the real estate development and affordable housing industry, at both the national and local levels. She is a member of the Urban Land Institute (ULI) Affordable and Workforce Housing Council and an Advisory Services panelist. Locally, she is a member of CREW Boston, a former Board member of the Citizens Housing and Planning Association (CHAPA), and currently serves on the City of Newton Housing Partnership and Community Preservation Committee. She holds Master of City Planning and Master of Science in Real Estate Development degrees from the Massachusetts Institute of Technology and a BA in Architecture from Yale University.