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City of South Bend, Indiana
<br />Petition for Residential Tax Abatement Consideration
<br />1. Prairie Apartments is designed to be a mazket leading affordable property. With a
<br />design that won't be confused with the many of the cookie cutter unit & building designs,
<br />Prairie Apartments is designed for long term competitiveness and viability. The site
<br />located on Prairie Avenue, just west of Locust Road, adjacent to Bruno's Restaurant.
<br />Buildings will be two stories and feature one, two, three and four bedroom units. Each
<br />unit will provide residents with best in class amenities, including full size washer &
<br />dryer, exterior storage, patios or balconies, walk in closets, built in dishwasher, window
<br />blinds, wall to wall carpeting, central air, garbage disposal, cable hook-ups, and high
<br />speed Internet access in each unit. Each unit will also have a first floor exterior entrance
<br />providing another truly unique opportunity for residents to feel at home. With multiple
<br />building and unit designs, a full slate of amenities and features, and a modern clubhouse
<br />this project will be a model for the great city of South Bend.
<br />The community will feature a lazge clubhouse with managers' offices, community room,
<br />community TV with cable, fitness room, computer room, and kitchen area. Garages and
<br />carports will be available to residents for a rental rate.
<br />This community will provide employees from the azea retail and commercial companies,
<br />employees of the University of Notre Dame, St Mary's College, and several growing
<br />industrial companies with convenient, affordable, and superior housing; an absolute need
<br />that would be filled. There will be 13 units set aside for disabled residents. Real
<br />Services, the Largest service provider in the South Bend area has agreed to an extensive
<br />referral agreement to include a litany of services, programs, and help for our residents.
<br />The property will use several "Green" construction methods, materials, and appliances
<br />including Energy Staz heating & cooling system, windows, dishwashers, refrigerators,
<br />and ceiling fans. The site plan also incorporates two small wetland areas that will not be
<br />disturbed or built on, preserving the natural habitat of several plants and animals
<br />indigenous to the azea.
<br />The market is in need of an affordable project precisely like Prairie Apartments. With
<br />our amenities, great location, and unit features Prairie Apartments will be the property to
<br />lead occupancy statistics year after year.
<br />The developer, Equal Development, L.L.C., and the entire development team offer
<br />exceptional expertise. Equal Development, LLC, owned by William J. Hollingsworth, is
<br />truly a one of a kind organization. With several hundred affordable apartments,
<br />Hollingsworth has achieved an impressive record of successful property management,
<br />construction and development including a number of successful "tax credit" projects
<br />dating back to 2003. Born out of the belief that nobody cares for a property like the
<br />owner, Hollingsworth has been involved in the management, construction and
<br />development of several "front cover" examples of the highest standards of the industry.
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