Middletown OKs 216-Unit Apartment Project
- Feb 22, 2015
The Middletown City Council approved Fred Burns Associates’ proposal last Tuesday night to develop a 216-unit luxury apartment complex on South Towne Boulevard between Lefferson Road and Arbor Court, according to the Dayton Business Journal.
The project, to be named Nicholas Place Apartments, will consist of nine 24-unit buildings on a 23-acre site. In January, the Journal-News reported the project’s cost as $20 million. Following the project’s approval, Fred Burns Associates plans to close on the acquisition of the site from Ravello Properties L.L.C. and break ground as early as this spring, the newspaper reported.
Nicholas Place will feature 144 two-bedroom units and 72 three-bedroom units, averaging 1,145 square feet in size. Amenities will include a swimming pool, basketball court, playground, dog park and a community garden. The first units are scheduled to be ready for occupancy in 2016.