Month: February 2014

Making Headlines

IMG_0637Flaherty & Collins Properties has been making headlines over the past few weeks. Here are some recent News & Notes:

On Valentine’s Day, The Chicago Tribune showcased Ninety7Fifty on the Park, a mixed-use development and thriving luxury apartment community in Orland Park, Illinois.

Last week, The Indianapolis Star took note of how the harsh winter weather has made a significant impact on apartment communities and construction.

And as we posted last Thursday, Flaherty & Collins celebrated the Grand Opening of our newest development, The Landing in Mount Vernon, Indiana – a unique mixed-use development featuring both affordable and market rate units, in addition to retail space. The project has been highlighted in several media outlets, including RE Journals.com and the Evansville Courier-Press.

There is more excitement in store this year – and this Spring, as we prepare to complete the development of Axis in downtown Indianapolis. And later this year, The Heights at Linden Square in Gladstone, Missouri and The Depot at Nickel Plate in Fishers, Indiana.

Keep checking in for the latest news from Flaherty & Collins Properties!

Grand Opening of The Landing

The LandingToday, Flaherty & Collins Properties is proud to officially open The Landing, a mixed-use development in Mount Vernon, Indiana. Featuring fabulous views of the Ohio River, The Landing is a truly unique mix of 52 residential units, comprised of 46 affordable units and 6 market-rate units. The property also features nearly 8,000 square feet of retail space.

The Grand Opening ceremony will be held on the property – 111 E. Water Street in Mount Vernon – today from 12-1pm CST.

“The Landing has changed the landscape of downtown Mount Vernon by maximizing the tremendous location with a unique concept for mixed-use development,” says Duane Miller, Vice President of Community & Asset Management at Flaherty & Collins Properties.  “Everyone involved in this project is thrilled with the result.”

Constructed by Flaherty & Collins and co-developed by 21st Century Leadership Posey County and J. Higgs Development, The Landing is a a partnership between 21st Century Leadership Posey County, Flaherty & Collins, City Real Estate Advisors and Fifth Third Bank. Other project partners include the City of Mount Vernon, IHCDA and Myszak+Palmer, Inc. First Merchants Bank provided the construction bridge loan for the development.

The Landing 2

Units range from 700 square feet to 2,175 square feet and  are equipped with energy efficient appliances, washer and dryer units and ceramic tile in the bathrooms. The community features several amenities, from the roof top terrace with breathtaking views of the Ohio River to a spacious courtyard and 1,200 square foot community room with TV and fish tank.

Bliss Artisan (ice cream, sandwich, and coffee shop) has committed to retail space and will be on-hand to provide samples of their handmade ice cream to attendees of the ceremony. If you are around, stop in and say hello, pick-up some ice cream and check out The Landing!

The Snow Must Go On…

DSC_1898Perhaps you are of the opinion that this has been a particularly harsh winter. Perhaps you are ready for spring, with all it’s warmth, green grass and temperatures slightly in an acceptable range for being outside longer than 3.4 seconds without your fingers feeling like frozen popsicles?

Well, so are we.

While the snow and ice can appear beautiful from inside the comfort of your cozy dwelling, it can be quite treacherous to travel in and difficult to keep cleared.

Flaherty & Collins employees have spent over 3,000 hours on snow-related removal since November 1, covering 92 apartment communities and 13,053 units. That’s a 70 percent increase from last winter. Our hard working staff has also dealt with 48 broken pipes and issued 25 Weather Advisory Notifications.

Just inside the greater Indianapolis Metro area, which includes 41 Flaherty & Collins Properties apartment communities, our diligent crew has spent 1,987.5 hours on snow related removal and maintenance. That’s an increase of 75 percent since last year.

Tami Chin

At Ninety7Fifty on the Park in Orland, Illinois, 20 more inches of snow than the anticipated 38-inch average. In South Bend, 126 inches of snow has been recorded since November of last year – 42 inches of snow per month. And at The Residence at The COR in Ramsey, Minnesota, temperatures of -37 degrees have been recorded.

None us need those stats to know what a harsh winter it has been, but they give clarity to just what Mother Nature has dealt us this season. And we cannot thank our crew enough for their energy and efforts to make our communities safe and clean. We want those who call Flaherty & Collins Properties apartment communities home to remain as active as possible – no matter the forecast.