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Construction has begun on a 36-unit affordable housing project for seniors in the Glen Elk district of Clarksburg.
The Glen Elk Apartments will be located at Werninger and North Fifth Street in the historic district. The project will consist of one building, containing 36 units, four stories in height. The Glen Elk Apartments project will include an office, tenant lobby, elevator, as well as parking both on and off-street. The new housing complex will encompass a 1.04 acre parcel.
The Glen Elk Apartments will create a high-quality affordable housing alternative for low to moderate elderly (age 55+) residents living in Clarksburg.
Glen Elk, specifically targeted by the city for revitalization, allows residents access to transportation, shopping and medical needs. City Manager Martin Howe stated the project will assist in the revitalization of the Glen Elk Historic District. “The positive impact resulting from this investment will continue towards our overall goal of providing ‘rooftops’ which adds people in an immediate area to increase the vitality to sustain and spur economic development.”
The Glen Elk Apartments represents a unique public/private partnership and will bring much needed affordable housing opportunities for seniors and also provide other services for its residents through a partnership with the Clarksburg-Harrison Regional Housing Authority (CHRHA).
The total estimated cost of the project is $6,239,186. The developer for the project is Grant Street Commons LLC/Sadd Brothers. A funding source being state and federal historic tax credits. Various tax credits and incentives were utilized.
City Manager Martin Howe stated, “It's great to have a developer such as Grant St. Commons LLC/Sadd Brothers that is committed to our market and continues their investments. This new construction will assist in filling the need for senior living as well as continuing to drastically improve the aesthetics of the Glen Elk District.”
The City is also working with Sadd Brothers/Grant Street Commons LLC on the construction of a 40-unit affordable housing project at the former Palace Furniture Building located at 186 West Main Street, Uptown, Clarksburg which began November 2017. Both projects (Glen Elk Apartments and Palace) fulfill an important need in the local housing market while repurposing formerly abandoned properties.
Brady Lowther, Sales Manager at Central Supply, stated, “This project symbolizes how Clarksburg is moving in the right direction and how local people will be positively affected. Grant Street Commons LLC/Sadd Brothers has generated a project in Clarksburg that has hired City Construction. Central Supply Co. was fortunate enough to be chosen as the masonry product supplier. Central Supply has been operating in the Clarksburg market since 1915. Another positive tie to the area is that “Continental Brick” was sold on this project. Continental Brick is the only brick manufacturer in the state of WV.”
Martin Howe stated the overall economic impact is tremendous as the development is led by a local general contractor and in-state sub-contractors, and suppliers.