Downtown Greenville Completes $5 Million Renovation of Century Plaza Apartments

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Exterior view of the newly renovated Century Plaza Apartments

News Summary

The Downtown Greenville area has completed a transformative $5 million renovation project at Century Plaza Apartments, ensuring affordable workforce housing. The complex, now with upgraded interiors and community amenities, allows a diverse range of residents to thrive. The Columbia Housing Fund’s significant investment has been pivotal for improving living conditions in Overbrook, marking a collaborative success in local housing efforts.

Downtown Greenville Transforms Century Plaza Apartments with a $5 Million Renovation

In a heartwarming show of community effort, the Downtown Greenville area has welcomed a fresh wave of hope with a remarkable $5 million renovation project at the Century Plaza Apartments. Located in the charming Overbrook neighborhood, this 212-unit complex, formerly known as The Ivy, has undergone drastic improvements to continue providing affordable workforce housing for residents.

A Milestone Purchase

The Columbia Housing Fund made a significant investment in January 2023, acquiring the property for a hefty $31 million, marking it as the nonprofit’s largest financial undertaking to date. This purchase reflects a deep commitment to ensuring that quality housing remains accessible for a diverse range of residents in the area.

Affordable Living Made Possible

Approximately 75% of the units in Century Plaza are now set aside for renters who earn between 30% to 80% of the area’s median income. This means that a wide range of individuals and families can find affordable accommodations without sacrificing quality. Already, 85% of the apartments are occupied, a clear sign that the community is eager for these essential living spaces.

Upgrades for a Brighter Future

What’s new inside these apartments? Well, over half of the units have enjoyed interior renovations, showcasing upgraded fixtures and attractive living spaces. Not just stopping there, the exterior has seen its fair share of love, with siding and window replacements and fresh landscaping that enhance the overall ambience of the complex.

Community Amenities Revamped

Not only are the apartments getting a facelift, but the community areas are also getting an upgrade! The clubhouse resident lounge has been revitalized, allowing families and friends to come together in a welcoming environment. A sparkling outdoor pool waits for residents to dive in and cool off, while an upgraded gym with new equipment allows for healthy living. It’s all about creating spaces where the community can flourish.

A Celebration of Progress

The community recently came together for a heartwarming ribbon-cutting ceremony on May 10, marking the completion of these renovations and celebrating a joint vision for the future of affordable housing in Greenville.

Why It Matters

Community leaders recognize the value of high-quality workforce housing not just for the individuals it serves but also for the economic success and mobility of the broader area. By preserving existing housing, the city is working diligently to tackle pressing housing issues and produce immediate solutions that are less costly and more effective. This approach illuminates a path toward a thriving community that welcomes everyone.

A Collaborative Effort

The Greenville Housing Fund didn’t take on this project alone. It has collaborated with Harmony Housing Affordable Development, Greystone Housing Impact Investors, and the South Carolina Department of Commerce to ensure that the renovations were not just cosmetic but align with the city’s needs for safe and affordable housing.

The Road Ahead

Even though significant renovations have already been completed, it’s important to know that the work is ongoing, as the goal is to create fresh and attractive apartments for all. There’s still more to come, and this effort promises to make a lasting impact on the community.

Looking for a Place to Call Home?

If you’re interested in learning more about the newly renovated Century Plaza Apartments, the latest information and leasing options are just a click away at centuryplaza-apts.com. Embrace the opportunity to be part of a community that values and prioritizes affordable living!

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Author: HERE Greenville

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