Alden Park Towers, the architecturally unusual Gold Coast apartment complex, is in the midst of a $5 million improvement campaign. Work began in August 2005 after the
Northern Group purchased the buildings on E. Jefferson near Indian Village.
The first step in the head-to-toe project was taking care of the buildings' envelopes: the roofs and windows were replaced and the exterior brick was tuck-pointed.
As apartment units become vacant, they are being refurbished, including a new paint job, plus the installation of new appliances, plumbing fixtures and kitchen cabinets. So far, 140 of the 389 units have been completed.
Units range from studios to 3-bedrooms and vary greatly in price depending on location, size and view. Currently, 43 are vacant.
The Northern Group, which recently announced plans for the
Cadillac Centre development downtown, sees great promise in their Alden Park investment, says its director of special projects, Jonathan Zich. "Its location is an oasis in an urban setting," he says. "It is separated from the city but still a part of it."
Source: Jonathan Zich, The Northern Group
Writer: Kelli B. Kavanaugh
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.