Officials celebrated revitalization efforts during the grand opening of affordable apartments dubbed The Lofts at Clifford Brown Walk .
The 80-unit building developed by the Chatham Bay Group is a former abandoned warehouse built in 1917, which has been renovated with modern appliances and other amenities.
The building is at the northern edge of downtown Wilmington and in walking distances to offices and other amenities. To date, much of the redevelopment in th city has taken place on the Riverfront or more recently, Market Street.
Although the Lofts has modern amenities, it retains the historical integrity with exposed brick and giant windows. Amenities include stainless steel appliances, a fitness center
and private parking. “We were looking for a need that needed to be filled in Wilmington, which is the need for quality affordable housing,” said Jay Freebery, principal of the company and a Delaware native. “We were just out seeking a historic building we could redevelop into housing.”
The Delaware State Housing Authority contributed a $2.6 million housing development loan and administered federal tax credits to help finance the development, which was an $18 million investment. Click here for a link to the WHYY Newsworks story.
