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Impact Warren's riverfront townhouse condominiums were
described in detail to prospective buyers by the developer
on Tuesday.
Bob Yoder, Susquehanna Valley Development, along with
Warren Mayor Mark Phillips, gave a public presentation
at Warren Public Library explaining Impact Warren's
housing projects, with emphasis on the three buildings
that will house condominiums at Breeze Point Landing.
The other buildings include senior housing in the form
of apartments in the Northwest Savings Bank Building
at Liberty St. and Pennsylvania Ave. and family apartments
at Market St. and Pennsylvania Ave. Eight rental garden
apartments will also be available in the lower level
of the condominiums at Breeze Point Landing. The townhouse
condominiums, which will take up three levels, will
be for sale. None of the housing has age or income restrictions
except the senior apartments, which will house only
those age 62 and up.
Yoder pointed out that construction of the townhouses
won't begin until the Hickory Street Bridge is complete,
but it is hoped that construction can start in the spring.
Yoder explained that the townhouses are large (some
are close to 1,500 square feet) two- and three-bedroom
units. The townhouses (16 in all) are comprised of the
second and third floors and have balconies on the second
floor. All have one parking space included, at the rear
of the building, and additional space may be rented
in the parking garage from the City of Warren. Elevators
can be installed for handicapped accessibility for those
who wish to have them. Without the elevators, there
is extra closet space. All townhouses have washer/dryer
hookups.
All of the project's housing will use geothermal heating,
with heat provided by water from two
wells. The operating cost will be very minimal, according
to Yoder, and the buildings will be energy efficient
and fully sprinklered, as is required by state law.
The price of the townhouses has yet to be determined,
Yoder said, but the garden apartments will rent for
$595 (one bedroom), $695 (two bedroom) and $795 (two
bedroom, with balcony). The rental price includes heat,
but not electricity. However, Yoder said the cost of
electricity in the apartments should be minimal.
Although the townhouse prices are not known, Pennsylvania
Housing Finance Agency will provide funds for those
whose household income is less than 115 percent of the
state's median income. Yoder said for a family of four,
that median is approximately $48,000. The funds will
cover such things as down payments and closing costs.
Senior housing at Allegheny Point and the family housing
will have some commercial development in the buildings,
including an adult care center, possibly a senior center,
and Northwest Savings Bank offices, as well as other
space still available. Applications for the townhouses
are available in the city office at the municipal building
in Warren. The applications will allow the prospective
owner to determine if he/she qualifies for special financing.
Pointing to the support the project has had from the
state, Yoder said, "The governor is really focused
on this project."
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