Last update: 02/01/2008
| Release No:. 2002 - 38 Date: Oct. 08, 2002 Contact: Brandon Laster, 816-759-6692 |
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Grand opening ceremonies set for Century Towers apartments New apartments for seniors were celebrated in special ceremonies marking the grand opening of the newly refurbished Century Towers apartments Sept. 26 at 627 N. 25th Street in St. Joseph. Developers Mark Gardner and Tom Carlson were on hand to open the 38-unit apartment complex for seniors that was rehabilitated by Carlson Gardner Properties of Springfield, Mo. The development includes nine one-bedroom apartments renting at $340 per month and 27 two-bedroom apartments renting at $420 a month. “The uniqueness of the building attracted us to it,” said Gardner. “The building has virtually no hallways going to the apartments. Each apartment area is set off by stairways. It is also a magnificent structure from the outside that has allowed us to make an immediate impact in the community.” The rehabilitation work has been financed by the Missouri Housing Development Commission with $485,000 loan at one percent interest for 30 years and $264,272 in federal and state Housing Tax Credits. This funding means the apartments will provide affordable housing for the next 30 years. Carlson Gardner Properties and Missouri Housing Development Commission also partnered to build the Patee Villas senior apartments that opened last year in St. Joseph. ### |
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