Date: News Release – Nov. 12, 2005

Contact:  Brandon Laster, 816-759-6692


 

 

Early 20th Century Buildings Provide Rental Housing in Springfield

 

MHDC Vice Chairman Ron Fulp of Springfield’s Signature Bank helped celebrate the opening of the Walnut Apartments at the 700 block of Walnut in Springfield Nov. 10.  The grand opening ceremonies marked the opening of the 34 newly rehabilitated and converted apartments in the downtown area.  The apartments will rent for between $325 and $395 per month for low-income families.

 

“Restoration of the buildings was essential to the city’s continued and successful efforts to revitalize its downtown,” said Brandon Laster, Public Information Officer.  “The restoration of Walnut Apartments saved a valuable resource before it deteriorated beyond repair and recreated four examples of American architecture in the beautiful downtown Springfield.”

 

Carlson Gardner, Inc. funded the approximately $4 million project with the help of state and federal historic-preservation and low-income-housing tax credits allocated through the Missouri Housing Development Commission. The project was approved for $427,811 in federal and state Rental Housing Tax Credits.  It also was funded with historic tax credits..

 

Built in the early 1900’s, the four buildings were originally built for individual residence and as multiple dwelling apartments.  Listed on the National Register of Historic Places as part of the Walnut Street Historic District, the buildings have a standing history in the community, long recognized for their classical detail and Catalog Builder style architecture. 

 

The property at 708 Walnut is a particularly unique example of Catalogue/Builder style with its two-story rounded porch that covers the full façade.  The Englenook building (700 Walnut) represents the period of construction beginning in the Pre-World War I era that marked the urban transformation of Springfield’s downtown core.

 

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Direct questions to Brandon Laster, Public Information Officer, 816.759.6692; e-mail blaster@mhdc.com