Related Midwest, one of the region’s leading developers of affordable housing, announced the waitlist for affordable apartments at Poplar Place, a 100-unit affordable family apartment community in Springfield, Illinois is currently open and renovated homes are now available to lease.
Working closely with local officials, the city of Springfield and the Springfield Housing Authority, Related Midwest and contractor LR Contracting Company is in the process of transforming Poplar Place, which was constructed in 1950, into a modern community comprising 100 apartments within single-family and duplex homes. The $44.8 million redevelopment includes de-densifying the existing property and fully rehabbing a total of 75 buildings. It also features the creation of a 2.5-acre Great Lawn for gathering and social interaction, a new community center with a full kitchen, a playground area, walking paths and a management office.
Related Midwest’s rehabilitation of Poplar Place builds on the company’s mission to preserve and improve affordable housing. As one of the largest owners and operators of affordable housing in the Midwest, Related Midwest has never converted an affordable unit to market-rate.
“The renovation of Poplar Place is transformative for the East Side of Springfield and the greater Springfield community, and we’re thrilled to welcome the first families to their new homes,” said Sarah Wick, Senior Vice President at Related Midwest. “Today, Poplar Place is more vibrant than ever, with residences that have been modernized inside and out and beautiful common areas that foster community and enjoyment of nature.”
