News From Terre Haute, Indiana

Local & Bistate

Related Photos

  • Cozy: A model bedroom welcomes new residents to the Park Place apartment complex.

    MET 022811 MODEL BEDROOM.jpg

  • Commons: The common area of Park Place apartments is located just inside the main entrance of the new facility.

    MET 022811 COMMONS.jpg

  • Living room: Interior photo of a model unit at the new Park Place senior living apartment complex.

    MET 022811 LIVING ROOM.jpg

  • Common area: Common area of the new Park Place apartment complex on Arleth Street.

    MET 022811 COMMON AREA.jpg

  • Unit manager: Sue Collins is the manager of the new Park Place apartment complex.

    MET 022811 SUE COLLINS.jpg

  • Park Place: Exterior photo of the main entrance of the new Park Place senior living apartments on Arleth Street.

    MET 022811 PARK PLACE.jpg

Discussion

Welcome to our online comments feature. We welcome your thoughts and your opinions, including unpopular ones. We ask only that you keep the conversation civil and clean. We reserve the right to remove comments that are obscene, racist or abusive and statements that are false or unverifiable as well as posts that are attacking other users. Repeat offenders will be blocked. You may flag objectionable comments for review by a moderator.
comments powered by Disqus
March 1, 2011

Senior apartments complex opening this month

Southside units available based upon renters’ income

Arthur Foulkes The Tribune-Star

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.

Text Only | Photo Reprints
Local & Bistate
Latest News
Community Calendar
Loading…
Events by eviesays.com
TribStar.com Poll
AP Video
Raw: Trucker Bumps I-5 Bridge Before Collapse Suspect in Killing of Officer Found Dead in Cell Raw: Texas Deputy Shot by Colo. Suspect Honored Major Detours Following Wash. Bridge Collapse American Held in Grisly Czech Murders Raw: Jersey Shore Reopens for Summer High Wire Spectacle Thrills Crowd in Austria Today in History May 25 Officials: Tsarnaev Friend Linked to Slaying UK-bound Pakistan Plane Diverted, 2 Men Arrested Britain Braces for Possible Copycat Attacks Bus Fire Kills 16 Children, Teacher in Pakistan Today in History May 24 Raw: Gay Rights Activists March in Ukraine ShowBiz Minute: Shelton, King, Lopez Raw Video: Washington State Bridge Collapse Obama:Sexual Assault Threatens Trust in Military ShowBiz Minute: Pickler, Franklin, Potter Johnson: Don't Blame Islam or UK Policy Raw: Pakistan Election Results Protested
NDN Video
Young protestor goes viral on Youtube High Wire Spectacle Thrills Crowd in Austria Toronto Mayor says he's not a crack head Maine island offers lighthouse getaway Suspect in Killing of Officer Found Dead in Cell Should We Prepare for Quakes? Lynn Kindergarten Class Rescues Ducklings Congressional gold medal awarded to civil rights heroes Charles Ramsey visits Kentucky Unique Display Greets Guests At Revel Casino Cape Cod Train Service Worries Residents BASE jumper rides snowmobile off cliff to honor dead friend Bridge Collapse Survivor: 'Rough Day' SHOCKING: School Guard Throws Girl Down Stairs Star Wars X-Wing Star Fighter Made of Legos Actress Amanda Bynes Arrested in New York Singer Psy Has An Imposter President Obama Heckled at National Security Speech Morgan Freeman falls asleep on air More lewd photos may soon come out: Weiner
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
Real Estate News