(Posted Dec. 27, 2021)
By Kristy Zurbrick, Madison Messenger
It didn’t take long for a new apartment complex in London to reach full occupancy.
Daines Village Apartments, located off of Keny Boulevard near the London City Schools campus, opened this fall. The community is comprised of 48 units across eight buildings. The units include five one-bedroom, 21 two-bedroom, and 22 three-bedroom apartments.
Rent prices for the two-bedroom units range from $500 to $950; prices for the three-bedroom units range from $600 to $1,050.
Wallick Communities, Ohio’s largest owner-operator of affordable housing, built the $10 million complex to meet two needs in London and Madison County–workforce housing and the reduction of infant mortality in the county.
Stephanie Tresso, a spokesperson for the company, describes workforce housing as housing that allows workers to live comfortably and close to their places of employment. Such housing often is located in areas with booming employment opportunities.
“The city of London was very interested in workforce housing because its housing and apartment stock is rather low, and people are traveling from far away to get to work, which creates high employee turnover,” Tresso said.
“Wallick Communities has been a pleasure to work with,” said London Mayor Patrick Closser. “Being able to bring in workforce housing is giving some of our citizens the opportunity to have their own residency. London is growing and with that we need to make sure we have enough rooftops for the growth.”
David Kell, executive director of the Madison County Chamber of Commerce, said Daines Village is a welcome addition to the county’s housing stock.
“We have a good number of housing options on the higher end, but there needs to be other options so everybody can have a shot at living in the county,” he said. “We felt it was a good project, and it helped to bring more interest in the community from a housing perspective.”
In addition to offering workforce housing with the Daines Village project, Wallick Communities has forged a three-year partnership with Madison Health to provide on-site programming for apartment residents and the community at large geared toward reducing the county’s infant mortality rate. Programming has not yet started due to the COVID-19 pandemic.
Along with Madison Health, partners in the apartment complex project included Ohio Capital Corporation for Housing, Ohio Housing Finance Agency, Huntington Bank, RDL Architects, and the Wallick-affiliated, non-profit Resident Resource Network. Other project supporters included the city of London, Madison County Chamber of Commerce, and other local employers.
Daines Village Apartments is located at 1143 Daines Ct., London. The complex includes an on-site laundry facility, fitness center, business center, kitchenette in the community building, and a playground.
The Wallick Communities corporate offices are located in New Albany. The company serves the affordable housing and senior living markets and operates five business divisions: development, construction, asset management, affordable housing operations, and senior living operations. The company currently manages 180 affordable and senior communities across the Midwest.