Friday, November 25, 2022

Going Up! 73-Unit All-Affordable Rental Building Is Being Built At Record Speed

Projection of finished building
Brinshore / Landon Bone Architects

Stephens Commons, the 100% affordable apartment building for seniors being built at 835 West Wilson, has been a lot of fun to watch due to the speed at which construction is progressing.

It's made of precast concrete slabs, assembled on-site, which are being formed into an L shape.

It will consist of 73 units, all classified as affordable. 20 units will be set aside for tenants earning 30% or less of the Average Median Income (AMI), 34 units will go to tenants earning 60% or less of the AMI, and 19 units will go to those earning 80% or less of the AMI.

The building will be six stories tall, and will have 10 studio apartments, 49 one-bedrooms, and 14 two-bedrooms.

The lot on which it is being built has been vacant for nearly 50 years.

Stop by next time you're in the area. It's fun to watch it come together.

1 comment:

  1. How does a current Senior who is looking to move to senior housing getting info about rentals or models available.