Tag:LaPaz Commons Apartments
LaPaz Commons has Started
LaPaz Commons is the LaPaz component of the Riverside Commons IHCDA LIHTC project we are currently constructing. The eight units in LaPaz were always slated to be the last to come under construction. In the last week, site work has begun in preparation for building construction this Fall.
LaPaz has a effluent sewer system, where each residence or business has a septic tank associated with their sewer line. Only the liquid effluent from the septic tank enters the municipal lines and is ferried on for treatment. Most of the LaPaz system is gravity collection, but then the final leg pumps it to the Bremen sewer plan for treatment.
As part of this project, the Town of LaPaz will be improving Troyer Street. We wanted to get the sewer taps in place prior to the street improvements, so as not to disturb the new street construction. If you look closely, you can see the green sewer pipes stubbed up showing where the connections are ready to hook-up to the new townhouses. The taps are complete, the septic tanks are set and we’re ready to roll!
Thomas Excavating has done this work and you can see where they also have the building pad prepared. Hundt Concrete will begin excavation on footings and frostwalls here as soon as they complete the last two buildings in Plymouth. We’re pushing on this to get everything out of the ground before winter. We hope to get paving placed as well. That would make the site much more navigable this winter. We’re hoping the Farmer’s Almanac is wrong, but best to prepare for the worst!
LaPaz Commons Apartments Ground Breaking
LaPaz Commons Apartments is part of the Riverside Commons Apartment project. The project is a LIHTC project through IHCDA. Last Fall we held a ground breaking for Plymouth to celebrate their portion of the project. Now we are going to celebrate LaPaz‘s portion.
The Riverside Commons project was part of Marshall County Crossroad‘s Stellar Region application. Marshall County’s successful designation as a Stellar Region allowed us to use an IHCDA Stellar Set-Aside to successfully obtain tax credits for this project. We still had to obtain every possible point allowed for the sites as set out by the IHCDA QAP, but the set-aside gave us a boost. It’s very competitive for rural LIHTC projects (all of Marshall County is Rural per IHCDA), so the set-aside was critical to receiving this award.
We are working on some renderings, but the LaPaz Commons apartments will be all townhomes and look very similar to those we built at The Paddocks in Culver. (See the rendering to the right.) There will be 6 two story townhouses and two accessible flats. There will also be a community room including an administration office and a laundry room. The townhomes will front on Troyer Street, just off Michigan Street. Currently Troyer Street is unimproved, but the Town of LaPaz will be upgrading this street to accommodate LaPaz Commons. The Town has been very supportive and has already brought in some stone to give us an area to get off the road onto Troyer Street.
We are happy to be working with the Town of LaPaz on this project and hope you will come out and help them celebrate this addition to their community.
