Calamar celebrates groundbreaking for People, Inc.'s 42-unit Orchard Housing; $4.3 million senior housing project designed by William Long Architects
Calamar (www.calamar.com) and People, Inc., celebrated with a ground breaking ceremony at the site of a new $4.3 million affordable senior housing community at 276 Waverly St.
Springville mayor William Krebs praised the project citing the dire need for such a property in the city. Representatives from Springville, People, Inc., HUD and Calamar were on hand for the ground breaking. Design was provided by William Long Architects.
"We are very pleased to once again be partnering with People, Inc. to bring affordable senior housing to the western New York region" said Calamar chairman and CEO Kenneth Franasiak. "As the mayor indicated, there is a tremendous need for this type of community with our aging population".
Calamar was selected as the general contractor for Orchard Housing, a new 2-story, 42 unit, handicap accessible subsidized senior community for those age 62+. Calamar is a leading developer and contractor of senior communities, for both HUD subsidized and market rate properties for its own portfolio as well as agencies like People, Inc and National Church Residence. Orchard Housing is expected to be completed by fall 2013.
Brooklyn, MA Investment Property Realty Group (IPRG) has closed the sale of 129 Jackson St., a multifamily building located in the Williamsburg section of the borough, for $2.15 million.
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