Springfield Business Journal_2021-01-25

SPRINGFIELD BUSINESS JOURNAL · 17 JAN 25-31, 2021 FROM THE GROUND UP Send project info to sbj@sbj.net Owner/developer: TLC Properties General contractor: Team C Construction Architect: H Design Group LLC Engineers: Mettemeyer Engineering LLC, structural; Lee Engineering & Associates LLC; civil; and CJD Engineering LLC, mechanical, electrical and plumbing Size: 128,000 square feet Estimated cost: $14.3 million Lender: OakStar Bank Estimated completion: May Project description: Another 55-plus living community by TLC Properties is scheduled to open to tenants June 1, said Marketing Director Angela Frizell. Monarch Apartments, on the west side of Campbell Avenue at Sunset Street, is designed with 112 units, ranging from micro-studios to three bedrooms. With monthly rent ranging $550-$1,700, Frizell said TLC Properties has received applications for 10% of available occupancy as of mid-January. Complex features include a mini-golf course, saltwater pool and hot tub, garages and smart-home capabilities. In 2019, TLC opened senior-living properties Veranda Vistas and Coryell Commons Heights in southwest Springfield. —Eric Olson, Editor MCKENZIE ROBINSON 611 W. Sunset St. Monarch Apartments • Apartments • Condominiums • Student Housing • Senior Living 55+ • Commercial • Tax Credit Developments H A B I T A T I O nixonins.com | 417-881-6623 No matter the size—big or small—let us help you put affordable, comprehensive business coverage in place. H A B I T A T I O N A L