PAH Purchases Buildings in Historic Downtown Wabash!
Partnership for Affordable Housing (“PAH”) is excited to announce the purchase of the historic buildings located at 25-45 East Market Street in downtown Wabash, marking the official commencement of the Rock City Lofts development.
Rock City Lofts will contain 41 senior apartments, the Rock City Café, and Living Well Downtown, a satellite location of Living Well. The new development will offer senior residents in Wabash the unique combination of premium amenities and a convenient location, fostering the vision of downtown Wabash as a place to live, work, shop and play. Construction is expected to start in the late summer of 2016.
Residents of the newly renovated and restored Rock City Lofts will enjoy social and recreational events, a private art gallery, and a community room equipped with a media center. The one and two-bedroom apartments will feature secure entries, hardwood floors, open kitchens with pantries and high speed internet. Opening of the apartments is scheduled for the Fall of 2017, with pre-leasing starting in the summer of 2017.
“Rock City Lofts is a prime example of a project that fulfills the mission of PAH in providing quality affordable housing to the senior residents of Wabash”, said George Dury, President of PAH. “We’re proud to work in conjunction with the City to help continue their efforts in the ongoing revitalization of the downtown area.”
Partnership for Affordable Housing, founded in 1991 is an Indianapolis based not-for-profit charitable organization specializing in affordable housing. Rock City Lofts will be the 6th project in PAH’s portfolio. Other members of the development team include, HI – Management, Anderson Partners LLC, Community Construction, and R&B Architects.
For additional information about Rock City Lofts, please contact PAH at (317) 580-2541.