We’re humming a little tune this week…
That’s right…we’re ready to go there – to Downtown Terrace, that is! Our Affordable Development team has been working hard on this project over the past couple years and our grand opening is just around the corner, to be held next Wednesday, March 18 at 10:30am at the site, located at 611 Main Street in Petersburg.
Downtown Terrace, which features 42 affordable senior apartment homes, is a collaborative effort between the City of Petersburg, Pike County Progress Partners, Jim Higgs Associates, Myszak + Palmer, and Flaherty & Collins Properties. Pike County Progress Partners, Inc. is the sponsoring not-for-profit agency for this community development initiative. Flaherty & Collins Properties will manage the property.
Good Samaritan Hospital will be the anchor tenant for the newly constructed building, which includes approximately 10,500 square feet of retail and office space. They will run an urgent care facility on the main floor, providing mental health service and a physician’s clinic.
“We are thrilled to open Downtown Terrace to the City of Petersburg and the residents who will call it home,” says Duane Miller, Vice President of Community & Asset Management for Flaherty & Collins Properties. “It has been an exciting project and looks fantastic.”
Downtown Terrace maximizes location, with many Petersburg amenities, such as restaurants, parks, grocery stores, shopping, entertainment, banks, churches and medical facilities, all located within close proximity to the project. An outdoor green space and attractive landscaping transform the entire block, and on-site parking is available.