Troostwood site
UC-B Properties is now partnering with Milhaus to develop a 100-unit apartment project on this vacant lot at the southeast corner of Troost and Linwood.

‘Workforce’ Apartment Project in the Works for Troost and Linwood

April 26, 2022  |  Kevin Collison  |  2 min read

By Kevin Collison

UC-B Properties, a significant developer on Troost Avenue, is pursuing a 100-unit apartment project at the southeast corner of Linwood and Troost.

The project is in the early stages of planning and UC-B plans to partner with Brinshore Development. Chicago-based Brinshore has developed substantial affordable housing in the city, notably the Paseo Gateway project.

“It will be workforce housing with a little retail on the ground floor,” developer John Hoffman said.

A rendering and cost estimate of the proposed development were not available.

UC-B Properties had planned to develop this 89-unit apartment project across the street at the southwest corner of Linwood and Troost but has now transferred the deal over to Milhaus. (Image from Draw Architecture)

“We are in the early stages of conceptual planning and neighborhood engagement,” said Lance Carlton of UC-B. “Our goal would be to break ground in 12- to 18 months.”

Hoffman said the project will include a mix of studio, one-bedroom and two-bedroom units. Monthly rents are expected to range from $900 for a studio to $1,400 for a two-bedroom.

“We’re aiming toward teachers, artists and healthcare workers,” Hoffman said.

UC-B had an earlier plan approved to develop a 96-unit apartment project across the street at the southwest corner of Linwood and Troost, but that deal has now been taken over by Milhaus.

Indianapolis-based Milhaus has collaborated with UC-B on other projects including the Marcato, a 182-unit apartment development at 27th and Troost, and the Gallerie apartment development south of Crown Center along Gillham Road.

UC-B also has developed Scholars Row, a 50-unit apartment project at 55th and Troost, and the LaQuinta Hotel at 24th and Troost.

 

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