New Face, New Name for Westminster Seniors Apartments
- Jun 29, 2015
The former Locust House Apartments, an apartment community for seniors and adults with disabilities in the city of Westminster, is back in business. But now it has a new face and a new name.
The renovated property, now called Westminster Overlook, celebrated its grand reopening on June 25. Westminster Mayor Kevin Utz was present at the event, together with officials from Enterprise, the owner of the property, and other dignitaries, development partners and local residents.
Westminster Overlook is a seven-story building located at 30 Locust St. Built in 1978, it consists of 98 one-bedroom rental units for low- and moderate-income seniors and adults with disabilities. The renovation project was the first in the property’s history. It brought a new roof, upgrades to the building’s systems, many green features and the modernization of the kitchens, bathrooms and community spaces.
Enterprise purchased the property three years ago. It invested a total of $15.1 million in the acquisition and renovation. The investment was financed with the help of Low Income Housing Tax Credits, state Rental Housing Works and Partnership Rental Housing funds, a Maryland tax-exempt bond purchased by Bank of America, an FHA-insured permanent loan from Wells Fargo Bank, a grant from the Federal Home Loan Bank of Atlanta, developer equity and in-kind support from the city of Westminster.
Architecture by Design was the project’s architect, with Harkins Builders Inc. as the general contractor. Property management services are provided by Habitat America. According to Enterprise, Westminster Overlook Apartments is currently fully leased.
Photo credit: Enterprise