YOUR BUSINESS AUTHORITY
Springfield, MO
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
Lender: WND
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.
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