Construction at old hospital site to begin in January
Tuesday, September 02, 2014 12:49 PM
Construction on a new apartment complex on the site of the former Culver Hospital campus is projected to begin in January, Mayor Todd Barton announced Tuesday.
"The City of Crawfordsville is pleased to report that great progress is being made in the project that will address the former Culver Union Hospital site," Barton stated in a press release. "The project, known as Historic Whitlock Place, will be an adaptive reuse development that will create 56 apartment homes on the two acre site located near downtown Crawfordsville."
Sustainable Solutions acquired the site last year and the project was awarded tax credits by the Indiana Housing and Community Development Authority earlier this year. Sustainable Solutions President Keith Veal recently announced that they have partnered with Indianapolis based developer Flaherty & Collins to complete the project.
Flaherty & Collins has been in business since 1993 and is a developer, builder and manager of mixed-use, multifamily properties. They have constructed and/or managed projects in 17 different states and have been consistently rated as one of the Top 50 Developers in the U.S. Some of their nearby projects include the Cosmopolitan on the Canal, Milikan on Mass and Axis in Indianapolis, The Depot at Nickel Plate in Fishers and Ninety 7 Fifty on the Park in Chicago. In addition, they have been chosen to complete the Market Square Tower that will stand where Market Square Arena once stood in Indianapolis.
"We've made a lot of progress recently and we are excited to get this project started for the Crawfordsville community," stated Duane Miller, vice president of Community Asset & Management for Flaherty & Collins in the press release. "The most difficult and challenging items are being finalized now to pave the way for a very successful project. Even though visual progress on the site has not occurred yet, we're confident construction will begin in January 2015."
Items completed thus far include acquiring a lender, Merchants Bank of Indiana, and an equity provider, National Equity Fund - which will be buying the tax credits. Additional funds have been awarded through the Federal Home Loan Bank of Indianapolis. Miller also said the architect is about 25 percent complete with the construction drawings.
The development will consist of studio, one and two bedroom apartments located in the Culver Union Hospital building. Nearly every unit will be an individual, unique design and includes durable finishes and floors and will feature Energy Star windows and high insulation to achieve the Silver level of National Green Building Standards for energy efficiency.
The building itself will showcase large hallways and historic detailing, such as bullnose plaster corners and wood windows. Community Activity areas will feature several resident amenities, including a kitchenette, a lending library with computer center with free internet access and printer, an exercise room with equipment, a private game room, a large screen TV, vending machine area and a screened in porch.
Additionally, the project will include an interior courtyard, a rooftop patio, a garden area with perennial flower groupings and a patio with picnic area. The exterior will be also be landscaped with trees, shrubs and garden seating. Paved parking will also be provided on-site, yet off the street.
"This project addresses a complex of buildings that have stood vacant for 30 years and will be coupled with other proposed projects to enhance our downtown," Barton stated.