The ambitious project to turn a 154 unit apartment complex into affordable condos is entering into the closing stage!
The complex, consisting of 7 buildings and a clubhouse with pool, have been going through extensive renovations since this summer. New roofs, new windows, and a repair and painting of the exterior is the most visable signs of this rebirth.
The developer also installed all new air handling equipment, heat pumps, water heaters, floor coverings, kitchen and bathroom cabinets and fixtures countertops and all new appliances.
The extension of the $8,000 Tax Credit has been a blessing for the developer. The initial goal of completing all the units and having them ready for a November 30 closing quickly faded away as the volume of work became apparent.
What will emerge from all the dust will be a vibrant community with a great location in the Fourth Ward.