GROUNDBREAKING ATTRACTS PROSPECTIVE SENIOR TENANTS

LPS Groundbreaking

Melanie Reusze, of RealAmerica, from left, J. Jacob Sipe, executive director of Indiana Housing & Community Development Authority, Ronda Weybright, owner of RealAmerica, Hobart Mayor Brian Snedecor and Jeff Ryan of RealAmerica shovel the first mounds of dirt at a groundbreaking ceremony for new senior apartments RealAmerica is building at 10th Street and Lake Park Avenue in Hobart. (Karen Caffarini / Post-Tribune)

Karen CaffariniPost-Tribune

Mary Ann Evolga was all smiles and anticipation at a recent groundbreaking for the new Lake Park Senior Living Apartments in Hobart.

 

Evolga is third on the list for the new affordable villas and apartments to be built at the corner of 10th Street and Lake Park Avenue and was excited to learn that she could be moving into her new home in as little as 18 months.

 

“I was ecstatic,” Evolga said of learning about the apartments themselves and the fact that construction would begin soon.

 

“I want to move here and be a permanent resident. My son lives in Hobart and I have friends here,” the Hobart resident said.

 

Bev Troumouliaris, of Hobart, was another of about a dozen future residents who attended the groundbreaking along with city and state officials and officials with the project’s developer, RealAmerica. She said she plans to move into one of the villas.

 

“The rooms are just beautiful,” she said.

 

The two women are among dozens of seniors who’ve already signed up for the complex.

 

“We have 48 names on the list and we haven’t turned the first shovel yet. It shows there really is a need out there,” said Ronda Weybright, owner of RealAmerica.

 

Weybright said there will be 95 units, including 39 one-story villas with one-car garages and 56 units in a secure, three-story building with elevator. She said 80 of the units will be affordable housing, based on a sliding scale. A company spokesman previously said those rents would average between $300 and $600 a month.

 

The remaining units will be open to any senior, regardless of income.

 

Weybright said amenities will include a dog park with a dog wash station, computer center, fitness center, crafts and game room, a mind-fit room with games and challenges, on-site management and a bike share program.

 

Mayor Brian Snedecor said two members of the city’s plan commission — Thomas Ehrhardt and Ray Rodriguez — took an unannounced trip to a RealAmerica senior complex in Nashville, Ind. and were impressed with what they saw.

 

“I hope this is just the stepping stone for many great days ahead,” Snedecor said.

 

Jeff Ryan, vice president of development for RealAmerica, said construction will probably start later this year. He said there are a few tenants in the former Prudential building now on the site who need to find new homes yet before that building can be razed.

 

The development is being partially financed by equity raised from the Low Income Housing Tax Credit program. The federal program is administered by the Indiana Housing and Community Development Authority and provides a dollar-for-dollar reduction in income taxes for developers of affordable housing in exchange for providing below-market rents for at least 15 years.

 

 

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