Ingram Place Nearly Complete
It took years, but finally the north end of Holton Street Bridge is getting developed.
The Ingram Place Apartments is nearly complete. Developed by the Vangard Group, the L-shaped building is replacing the long vacant Love Funeral Home at the northwest corner of N. Holton St. and E. Brown St. When it opens on March 1st, the building will include 53 apartments.
The project is being designed by Korb + Associates Architects. The project’s general contractor is Horizon Construction. Vanguard received $598,918 in low-income housing tax credits to assist in financing the project. To receive the credits, Vangard must set aside 45 units at below-market rents to people earning no more than 60 percent of the area median income. Monthly rents for the market-rate units start at $520 and go as high as $910.
The building includes 26 three-bedroom and 27 two-bedroom apartments spread over four stories. Tenants will be able to take advantage of a community room, fitness center and central laundry facility. There will be 29 parking spaces within the building, and an additional 24 surface parking spaces.
The 65,000 square-foot building is clad in burnished block masonry and corrugated metal panels. Unlike many new apartment buildings, this building includes no balconies.
The project is an updated version of a project originally proposed for the site in 2007 by Olson Management Group. That project was met with resistance initially because of back taxes owed to the city by developer Tim Olson.