Affordable Housing Options Expand as NHE, Northside Development Group, Spartanburg Housing Bring 500 Northside Station to Reality
Extended group of partners play key roles as new 90-unit community opens on site of former Spartan Mills textile campus
SPARTANBURG, SC – October 18, 2021 – Spartanburg’s well-documented deficits in affordable housing will receive a positive boost in the coming weeks as a committed group of developers, community groups, elected officials and civic leaders came together today to celebrate the grand opening of 500 Northside Station.
Considered a centerpiece to the revitalization of Spartanburg’s Northside neighborhood, 500 Northside Station is sited on the former Spartan Mills textile campus – an economic heart of the neighborhood for more than a century. Local nonprofit Northside Development Group (NDG) championed revitalizing the neighborhood, which took several years from concept to completion.
“Northside Development Group’s mission is to improve the health and wellness of the residents of Spartanburg’s Northside neighborhood, and one of the best ways to do that is to provide high-quality affordable housing,” said Michael Williamson, Northside Development Group CEO. “It took many years to plan and over a year to construct, but 500 Northside Station now provides 90 apartment homes for residents across the income spectrum. We look forward to working with the community and NHE to create a welcoming place for all who want to call the Northside their home.”
Partnering with the City of Spartanburg and Spartanburg Housing, Upstate development group NHE Inc. and Virginia-based SCG Development financed and built 500 Northside Station, utilizing tax exempt bond financing and LIHTC credits administered by the SC State Housing Finance and Development Authority.
The 90-unit urban style building is a true mixed income community with 9 market rate units and 81 affordable units, ranging residents and families with incomes ranging from 30% – 80% of area median income levels, thanks to the development teams successfully navigating HUD’s Rental Assistance Demonstration program to receive rental assistance.
Convenient to shopping and community resources, 500 Northside Station features a gym, community room, courtyard and public plaza, along with easy access to the adjacent Butterfly Branch Greenway and nearby Hub City Farmer’s Market. Leasing operations are already underway, and information can be obtained by contacting the leasing office at 864-430-9666 or by e-mail at email@example.com.
500 Northside Station joins more than 90 other NHE-managed affordable housing properties in markets across the Palmetto State, from Spartanburg and Gaffney to Rock Hill, Charleston and Greenville.
“NHE is excited to help bring 500 Northside Station to fruition with our partner organizations, and we thank them for their contributions and vision in helping to create this excellent addition to Spartanburg’s affordable housing options,” said Taylor Davis, CEO of NHE, Inc. “We continue to explore the right opportunities in markets across South Carolina for addition of high-quality affordable housing like this and are pleased to work with Northside Development and all of the other partners in this project to bring 500 Northside Station to reality.”
“Spartanburg Housing is committed to creating more affordable housing opportunities for the Spartanburg community. We are happy that we were able to be a strategic partner to help move Northside Station from a concept to a place where families can thrive.” said Shaunté Evans, CEO of Spartanburg Housing.
The project was also supported by Community Works and the City of Spartanburg. JHP Architecture & Urban Design served as architects on the project, with Creative Builders, Inc. serving as the general contractor.
Units at 500 Northside Station feature 1-, 2- and 3-bedroom units ranging from 750 square feet to 1,250 square feet. Within each unit, residents enjoy high ceilings, wooden cabinets, high-quality laminate countertops and luxury vinyl tile flooring, among other features. Apartments feature ENERGY STAR appliances, indicative of excellent energy efficiency, and include refrigerator, stove/oven, microwave, garbage disposal and dishwasher. ENERGY STAR windows, HVAC systems, lighting and fans are included, as are washer-dryer hookups and prewiring for cable and internet.
NHE provides professional association management, conventional and affordable apartment management, and service coordination to communities across the Southeast, and currently represents more than 16,000 homes, apartments and condominiums in more than 15 states. NHE’s clients benefit expertise, experience and leading-edge technology delivered by a dedicated staff offering diverse services to assure premium performance and value. Actively engaged with national and state industry trade associations and government regulatory bodies, NHE holds the prestigious AMO (Accredited Management Organization) designation through the Institute of Real Estate Management. Contact NHE at 864.467.1600 or visit www.NHE-Inc.com.