Center Crossing Groundbreaking
Located at 105 S. Center Street between First Avenue and Second Avenue, Center Crossing, a 50-unit affordable rental community for seniors, will be near the city’s downtown Union Square and close to many shopping, dining, and cultural opportunities, plus various medical facilities and public offices. Woda Cooper Companies and its partners broke ground on the facility on October 30th, 2020, and construction is set to be completed in 2021.
Center Crossing will serve seniors aged 55 and older who earn up to 80% of area median income. Each apartment at Center Crossing will offer a bright, comfortable, and efficient living space with several accessible units for those with mobility challenges, as well as units specifically equipped for those with sight/hearing impairments. All apartments will have central, electric heat and air conditioning, washer/dryer closets with connections, carpet, blinds, and each apartment will have a 16 square feet dedicated storage area. Each will also be pre-wired for cable, telephone, and internet access. A covered bus stop is located in front of the site.
RiverHills Bank is providing the construction loan and permanent debt mortgage for the project. Doug Klingensmith of RHB takes a moment at minute marker 3:31 to thank our partners and express our excitement to be able to once again work with a wonderful team of developers and finance agencies on this affordable housing facility. We look forward to celebrating its successful completion in the year to come.