UPHOLDINGS’ LATEST INDIANA AFFORDABLE APARTMENT BUILDING BREAKS GROUND
- Petra
- May 15, 2020
- 2 min read
Updated: Sep 16, 2020
EAST CHICAGO, IN – As of May 13th, UPholdings is pleased to announce the commencement of construction on our latest affordable multifamily residential and commercial building, Harbor Square. The project, located in the North Harbor neighborhood at 2301 Broadway Street in East Chicago, Indiana, is an innovative new approach to blending housing with healthcare and community-based guided pathways for tenant empowerment.
A collaboration with the City of East Chicago and the State of Indiana, the project was conceived in response to the Moving Forward 3.0 Initiative, aiming to create housing that is affordable, high-quality, innovative, sustainable, and a catalyst for positive community development in Lake County. Harbor Square will partner with HealthLinc who will operate the ground floor’s Federally Qualified Health Clinic, open to the public. This blended management team will work to provide residents with supportive services as well as implement a Wage and Asset Growth Plan with residents which aims to interrupt the cycle of intergenerational poverty. The project is designed to include a rooftop solar panel array that will offset the building’s energy costs and will be built to National Green Building Standards’ Gold-level certification.
"The Moving Forward program has allowed us to work directly with community leaders on innovative housing that is intentionally designed to improve a family's quality of life, their wages and assets. Housing is fundamental to wellness and should be a springboard for opportunity," commented Jessica H. Berzac, Principal at UPholdings.
The 28-unit apartment building features one- and two-bedroom units with modern, accessible layouts and a variety of resident common spaces, including a community ‘hub’ space which will host activities and workshops that benefit residents and will be open to community members.
UPholdings worked closely with the architects and general contractors of Cordogan Clark & Associates to conceive, design, and now build Harbor Square. The project was made possible through a Low-Income Housing Tax Credit award and funds received from Indiana Housing & Community Development Authority (IHCDA), project-based subsidy vouchers from East Chicago Housing Authority, as well as investments from CREA, LLC, the City of East Chicago, the Federal Home Loan Bank of Indianapolis, Fifth Third Bank, and Peoples Bank.
Great to see Harbor Square officially breaking ground on Broadway—especially the focus on blending housing with healthcare and tenant empowerment through the Moving Forward 3.0 initiative. That kind of community-centered approach is exactly what East Chicago needs. By the way, I keep a free Fortnite Sprite checklist & tracker I like to share: https://spritechecklist.net/
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I especially appreciate the focus on sustainability and resident wellbeing. At home, I use smart climate control to cut utility costs and keep everyone comfortable. I can see how a retail energy management system helps optimize efficiency in commercial spaces, and a similar approach would be a game changer for this project.
the harbor square project integrating affordable housing with on-site healthcare and support services is a thoughtful model. focusing on tenant empowerment and green building standards addresses multiple community needs at once. it will be interesting to follow the long-term impact of the wage and asset growth plan on residents' stability and well-being. Image 2
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