Marshfield Seniors Housing LP

Marshfield Seniors Housing LP

Corner of Church and Banning streets, Marshfield

Hamilton Contracting Inc. is general contractor for this seven-building, 30-unit senior housing facility for owner Marshfield Seniors Housing LP. The developer for the project is H & H Development Co. LLC. Rural Housing Design is architect, and Bud Green of that firm is engineer for the 28,289-square-foot development. While the estimated cost was not available, Liberty Bank holds the construction loan. The permanent loan will be through Missouri Housing Development Commission at 1 percent interest for 30 years. The project includes a laundry facility, gazebo and a clubhouse with a community room that may include high-speed Internet accessibility. The four one-bedroom units will rent for $345 per month and the 26 two-bedroom units will rent for $400 a month. The project's total annual rent at capacity will be $141,360, said Ryan Hamilton, property management/vice president for Hamilton Properties Corp.