From the Ground Up: Beacon Commons

Owner/developer: BSH Springfield 1 LLC
General contractor: Build LLC
Architect: H Design Group LLC
Engineers: Lee Engineering & Associates LLC, civil; Pinnacle Design Consultants LLC, structural; Olsson Associates Inc., mechanical, electrical and plumbing
Size: 18,885 square feet
Estimated cost: $2 million
Lender: Springfield First Community Bank
Estimated completion date: July 15
Project description: This property garnered public attention recently as its owners received approval from Springfield City Council for a 10-year tax abatement to redevelop the three-quarter acre property near the Missouri State University campus. Commercial real estate agent Tim Roth, who co-owns Beacon Commons with silent partners from Colorado, said there are commitments for 28 units of the 48-unit apartment complex. Targeting students, the four-bedroom and four-baths apartments rent for $495 a month, which includes cable and Internet access, said Roth, a senior adviser at Sperry Van Ness/Rankin Co.[[In-content Ad]]