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From the Ground Up: Heatherwood Apartments

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Owner/developer: Affordable Homes Development Inc.

General contractor: Morelock-Ross Builders Inc.

Architect: Eddie Tims Architects PC

Engineers: Palmerton & Parrish Inc., civil; Ozark Structures LLC, structural; Vandersluis Engineering Inc., mechanical, electrical and plumbing

Size: 37,872 square feet

Estimated cost: $5 million

Lender: Missouri Housing Development Commission

Estimated completion date: August

Project description: Developers Joe and Marie Carmichael are constructing a two-building, 31-unit affordable housing Engineering Inc. apartment complex.

Tenants must earn 60 percent or less of median income in Greene County to qualify. The two- and three-bedroom apartments will rent for $405 and $450, respectively, according to Marie Carmichael. Mid America Property Management will manage the property, she said. The Carmichaels also plan to build a 32-unit affordable housing apartment complex in Forsyth, though they’re awaiting funding from Missouri Housing Development Commission before constructing the Woodlands Apartments, Carmichael said.

Reporter Cory Smith brings you new projects each week. He may be reached by e-mail at csmith@sbj.net, by fax at (417) 799-0603 or by phone at (417) 616-5854.

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