Equity Property Management Merrillville Indiana
Equity Property Management Merrillville Indiana – MERRILLVILLE – Equity Property Management is pursuing $17 million in renovation work for three apartment complexes it owns here.
The Cloisters, Edgewood Terrace and Tan Tar A complexes have been there for decades and are in need of renovations, Kevin Donohoe, executive vice president of Equity Property Management, told the City Council recently.
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He said the facility in north Merrillville will receive new roofs, windows, bathrooms, kitchens, cabinetry, flooring and other improvements. Exteriors of the complex are also expected to receive upgrades with landscaping and new security features.
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Donohoe said the property will be enclosed by security fencing and electronic gates. A camera will also be installed.
There will be a total of 190 apartments in the three complexes, 130 two-bedroom units and 60 one-bedroom units, Donohoe said.
Donohoe said no tenants have been asked to leave and Equity Property Management has created a relocation plan.
Donohoe said construction will last about a week in each unit. The three buildings should not be empty at all while the renovation work takes place.
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Tenants will be offered several options. If a resident wants to move to another unit, he can do so after the upgrade. If tenants want to stay in the current apartments, “hotel units” will be available, Donohoe said.
The units will be similar to hotel rooms and residents will live in them while their apartments are renovated.
Equity Property Management is seeking tax credits and the process will preserve the affordable housing offered in the complex, Donohoe said.
He said the company is expected to receive $6 million from tax credit investors to help fund the work. The company also secured an $11 million loan for the project.
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Donohoe said Equity Property Management wants to start the renovation project as soon as possible and the company is seeking help from the city so the bid can be finalized.
If the complex is destroyed in a natural disaster or fire, Equity Property Management won’t be allowed to rebuild the same number of units it currently has because of changes to the city’s density rules, Donohoe said.
The company is seeking an amendment to Merrillville’s ordinance to be allowed to rebuild an equal number of units in the event of a catastrophic event that destroys apartments in those buildings.
Donohoe said investors and loan officers have indicated that approval is required before funds will be disbursed.
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The board members seemed to like the request. The matter should be heard first by the Planning Commission. Final approval will come from the council. Both panels can take action on the request in September.
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MERRILLVILLE – Exterior renovations to the Cloisters, Edgewood Terrace and Tan Tar A apartment complexes could be completed by winter, and…
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A name synonymous with sweetness in Northwest Indiana will appear at a local bank next month to dispense business advice.
2 Bed Standard $870 – $930 2 bed, 1 bath, 850 sq ft $500 deposit, Available Now
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Come and find Birchwood on the north side of Merrillville. We have spacious one and two bedroom units. We are in a very convenient location surrounded by a great school district, convenient shopping and many restaurants to choose from. Our property is very family friendly because we allow dogs up to 35 pounds, we have a playground on our grounds along with a barbecue and grill area. Call us today and check out one of our spacious units.
Birchwood is an apartment community located in Lake County with the 46410 ZIP Code. This area is served by the Merrillville Community Schools attendance zone.
Situated about 40 miles southeast of Chicago, Merrillville is the commercial hub of northwest Indiana, offering a variety of options for shopping, dining, and entertainment. Merrillville residents enjoy access to the expansive Southlake Mall, the area’s only indoor mall, in addition to an array of local and national restaurants.
Merrillville is also home to Deep River Waterpark, where visitors can go swimming in the summer and ice skating in the winter. Hidden Lake Park and the Oak Ridge Prairie and Oak Savannah Trail provide hiking opportunities while Turkey Creek Golf Course and Innsbrook Country Club provide golfing options. Merrillville residents enjoy cultural amenities such as the Indiana Ballet Theater, the Star Plaza Theater, the Merrillville Community Planetarium, and the Merrillville-Ross City History Museum as well.
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While Merrillville touts a small-town feel, many of Chicago’s metropolitan luxuries are less than an hour’s drive away.
Birchwood is 10 minutes or 4.8 miles north of Indiana University. It’s also near Ivy Tech. C.C., North and Purdue University Calumet.
School data provided by GreatSchools The GreatSchools Rating helps parents compare schools across states based on a variety of school quality indicators and provides a useful overview of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and may include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit the school, consider other information about school performance and programs, and consider family needs as part of the school selection process.
Transportation options available in Merrillville include Clark Road Station (Gary), located 8.4 miles from Birchwood. Birchwood is near Chicago Midway International, located 37.3 miles or 54 minutes away.
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You might be able to find a place to ride your bike in this area, but you’ll most likely want your car for multitasking.
Birchwood has 3 shopping centers within 1.4 miles, about a 19 minute walk. Miles and minutes will be for the most distant property.
Birchwood has a nearby park, Beyond the Beach Discovery Trail, located 13.192949072 miles or 22 minutes away.
This rating combines tenant reviews and property features into one simple score to help you evaluate this property. Factors that affect this rating include building design, construction, outdoor space, and amenities.
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This is on the border with Gary, so many that one would never consider a neighbor, live here. Loud mouths and their hoopty boom. Garbage everywhere and no cleaning. The laundry room with nasty and broken equipment and the parking lot is a drag racing track for the aforementioned. Oh and Fedex refuses to deliver to this place.
It’s ok here, there are many things to be done, but not done, people are clean, clean, half apt, and too much parking,
I just moved into Birchwood and on the first day we noticed a leaking sink. I called the management and they were there in less than an hour. The quick response was great. I’m close to malls and restaurants and a quick drive to the freeway. I like that.
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