The latest addition to the collection of multi-unit residences on Huset Parkway is Legends of Columbia Heights, a 192-unit project for 55-and-over renters. Owned and developed by Plymouth-based Dominium, the building contains 80 one-bedroom, 43 two-bedroom, and 69 three bedroom apartments and underground parking. Fifty-five percent of the units have been leased ahead of the project’s March 1, 2018 opening.
The developer worked with the Low Income Housing Tax Credit (LIHTC) program, which provides tax incentives to encourage the creation of affordable housing. The program currently accounts for 90 percent of the affordable housing in the United States. A renter’s income must be 60% or less than the area median gross income, and the rent must be 30% or less of that 60%. Tax credit financing allows a dollar-for-dollar credit for up to 70 percent of the developer’s costs.
Recently, Dominium Community Manager Lynne Peterson took prospective renters on a tour of the unfinished building, showing finished examples of the three unit sizes, and locations of the amenities still under construction. Adjacent to the front entrance is a large community room, a card and craft room, fitness center, theater, computer room, and beauty salon. The apartments themselves have one or two baths, laundry, marble countertops and “lots of windows.” Peterson said that some of these features are usually only available in “luxury” apartments.
Regarding renters who have already leased in the project, Peterson said, “They come from all walks of life, and from both home ownership and other apartments. I think they like the chance to be a part of a new community, where they can bring their families and friends. It’s a nice chance for them to take what they want.” She noted that, for example, people who’ve lived in Columbia Heights mostly want to stay in the city, which has not had very much rental property available. “This is one reason Dominium decided to build here. In the next month, we are breaking ground on a similar project on 47th and Central Avenues called Grand Central Flats.”
Peterson said that building management may coordinate some social activities but added, “The bulk of activities would come from the renters themselves, and they’ll have all of the amenities to work with, including a weekly bus for shopping and errands.”
Below: First two are provided graphics. Tours of the common areas and the one-bedroom model will be open to the public by appointment, made online at LegendsofColumbiaHeights.com. (Photo by Mark Peterson)
