Owner/developer: Magers Management Co.
General contractor: BP Builders LLC
Architect: H Design Group
Engineers: Lee Engineering and Associates Inc., civil; Bergmann Engineering Co. LLC, structural; and CJD Engineering LLC, mechanical, electrical and plumbing
Size: 21,288 square feet
Estimated cost: $2.3 million, per city permit
Estimated completion: Late September
Project description: Magers Management Co. owner Randy Magers is building a two-story apartment building next door to his brother Bryan’s dorm development underway on the Missouri State University campus. General contractor Adam Pyle of BP Builders LLC said Holland Apartments is designed with 48 microunits, similar to Randy Magers’ new mixed-use property around the corner on Madison Street and Kimbrough Avenue. On Holland, two aging buildings were demolished next door to the Catholic Campus Ministry building, Pyle said. Shannon Handwerker, Magers Management’s vice president of operations, said the fully furnished studio apartments will lease for $675 per month, including utilities, internet, furniture and a smart TV.
Local developer plans renovations after investing $5 million in foreclosed property acquisitions.
How do you develop your company's core values? Mark Struckhoff and Michele Delcoure, both with Council of Churches discuss how they did it and the importance of why you should. Ask the Experts is a monthly series in cooperation with Springfield Business Journal. This is sponsored content.
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