Wednesday, July 19, 2017

A Statement From City Pads On Wilson Men's Hotel Acquisition

From Andy Ahitow, a founder and principal of City Pads, on the company's acquisition this week of the Wilson Men's Hotel:

"City Pads recently acquired the Wilson Men's Hotel, located at 1124 W Wilson. City Pads is thrilled to offer modern, quality and affordable housing options for residents in the Uptown community.

The redevelopment of 1124 W. Wilson will be a state-of-the-art affordable and market-rate housing property. We are dedicated to collaborating with ONE Northside and current tenant associations to create a desirable, effective and safe relocation plan for current residents. We know firsthand that homes house precious memories, which is why the current tenants of 1124 W. Wilson will have first priority to live in the remodeled building.

Our priority is to ensure that the Uptown community has access to quality, affordable homes and once remodeled, at least 20% of the new units will be affordable housing.

We look forward to working with our neighbors and residents every step of the way, as nobody knows the Uptown community better than they do."

No comments:

Post a Comment