North BR apartment complex set to undergo $4.3 million renovation

North BR apartment complex set to undergo $4.3 million renovation




The Palmer-Northway Apartments on Mohican-Prescott Crossover in north Baton Rouge are about to undergo a $4.3 million transformation into a new complex called Choctaw Lodge—which will be affordable multifamily housing administered through the Louisiana Housing Corp. The rehabilitation will begin construction by early July, says Larry Hoss, president of Ruston-based Our Plan B Inc., the construction company spearheading the tax credit project. "Part of our objective is to upgrade the neighborhood and cut down on the crime," Hoss says. "So we put our application in with the [LHC] and got approved to rehab the project." Hoss says about 20 of the 102 apartments in the complex currently have tenants, adding the remaining units are in pretty poor condition and in need of significant renovations. All apartments will be renovated as part of the company's rehab plans, which include adding about 4,000 square feet and reconfiguring the space into 92 upgraded multifamily units. Renovations will also include the addition of an 80-foot security/privacy fence and gate, as well as 35 to 40 security cameras and better lighting. The Choctaw Lodge security system will work together with the Baton Rouge Area Violence Elimination initiative to eliminate crime in the area and ensure the safety of apartment residents, Hoss says. The security cameras will record the license plate numbers of vehicles entering and exiting the community. While renovations will cost approximately $4.3 million, Hoss says the entire acquisition and rehabilitation will put the total investment at about $7.5 million. Approximately $2.5 million in tax credits and about $3 million in grants are helping to fund the project, he says. Our Plan B Inc. has completed similar projects in Lake Charles, Spring Hill and Natchitoches, Hoss says, but this is the company's first project in Baton Rouge. He expects to complete Choctaw Lodge sometime in summer 2015. —Rachel Alexander



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