News From Terre Haute, Indiana

Local & Bistate

March 1, 2011

Senior apartments complex opening this month

Southside units available based upon renters’ income

TERRE HAUTE — Dozens of Terre Haute-area seniors are lining up for the newly constructed Park Place apartments on the city’s south side.

The new three-story senior-living apartment building will open for business on March 21.

About one-third of the 78 apartments are already leased, said property manager Sue Collins. More than 40 apartments remain available for rent, she said.

“It’s looking good,” said a soon-to-be tenant who did not want to be named. “Everything is immaculate.”

Monthly rental rates at the 88,200-square-foot apartment building are based on tenant income through the federal government’s Section 42 low-income housing tax credit program. Rents range from $199 to $511 for one-bedroom apartments and from $238 to $612 for two-bedroom apartments.

To qualify to live at Park Place, a tenant must be age 55 or older. Also, a tenant’s income cannot be more than $23,280 for a single resident or $26,580 in combined income for a family of two. There are only one- and two-bedroom apartments in the building.

“A lot of our tenants have never lived in a brand-new place before,” Collins said.

Landscaping and other work remained to be done at Park Place as of Monday. Once fully completed, the apartment building will feature a library on the third floor, a game room on the second floor and a fitness room and a party room, complete with full kitchen, on the ground floor.

There are no garages with the apartments. However, there is a large, lighted parking lot in front of the building. There are also plans to eventually construct a privacy fence around the building, Collins noted.

The seniors renting at Park Place are very happy to have their own washer and dryer units already installed in each apartment, Collins said. Seniors appreciate not needing to carry their laundry to a coin-laundry or a common laundry room, she said. “Everybody loves that. That’s a huge thing,” Collins said.

Each apartment also includes a balcony or porch and closet and storage space, Collins said.

Park Place apartments are owned by Crestline Communities, an Indianapolis development company. The apartments are at Wheeler and Arleth streets, west of South Third Street. Crestline Communities specializes in developing and managing multifamily properties in the Midwest.

Park Place apartments is planning an open house on Saturday. To learn more, call (812) 232-4371.

Arthur Foulkes can be reached at (812) 231-4232 or arthur.foulkes@tribstar.com.

1
Text Only | Photo Reprints
Local & Bistate
Latest News
TribStar.com Poll
AP Video
Two Women Narrowly Avoid Being Hit by Train Raw: Japanese Soldiers Storm Beach in Exercises Raw: Otters Enjoy Water Slides at Japan Zoo In Virginia, the Rise of a New Space Coast Crayola Announces Family Attraction in Orlando Broken Water Main Floods UCLA Raw: Thousands Flocking to German Crop Circle Rodents Rampant in Gardens Around Louvre Raw: Weapons Fire Hits UN School in Gaza Girl Struck by Plane on Florida Beach Dies Raw: Rocket Launches Into Space With Cargo Ship Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Kerry: Not Worried About Israeli Criticism New Sanctions on Key Sectors of Russian Economy Boater Rescued From Edge of Kentucky Dam Raw: Massive Explosions From Airstrikes in Gaza Raw: Obama Eats Ribs in Kansas City Harding Love Letters Now Open to Public Raw: Plane Lands on New York Highway US Ready to Slap New Sanctions on Russia
NDN Video
Heartwarming 'Batkid Begins' Documentary is Tear-Jerker Orlando Bloom 'Takes a Swing' at Justin Bieber In Ibiza Pitch Invading Morons Cause Chaos - @TheBuzzeronFOX Sadie Doesn't Want Her Brother to Grow Up "Maxim" Hotness! See Jessica Alba's Sizzling Spread Two women barely avoid being hit by train Broken Water Main Floods UCLA Orlando Bloom and Justin Bieber Reportedly Came To Blows In Ibiza Meet the Man Behind Dumb Starbucks Chris Pratt Adorably Surprises Kids at a 'Guardians of the Galaxy' Screening NOW TRENDING: Peyton Manning dancing at practice "The Bachelorette" Makes Her Decision Thieves pick the wrong gas station to rob Golden Sisters on '50 Shades' trailer: 'Look At That Chest!' Staten Island Man's Emotional Dunk Over NYPD Car - @TheBuzzeronFOX GMA: Dog passes out from excitment to see owner Baseball Hall of Famers Inducted 'Hunger Games: Mockingjay Part 1' Sneak Peek Florida Keys Webcam Captures Turtles Hatching Morgan Freeman Sucks Down Helium on 'Tonight Show'
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity