Flaherty & Collins Properties has been selected by the City of La Porte, Indiana’s Redevelopment Commission to build a 200-unit multifamily development in the the city’s NewPorte Landing redevelopment project.
Flaherty & Collins Properties plans to build two buildings totaling about 167,000 square feet and creating 200 new living spaces. The development will occur along the shores of Clear Lake and will provide amenities such as a resort-style pool with wet deck, outdoor courtyard featuring a fire pit and grilling station, a pet wash and bark park, fitness center with Fitness OnDemand technology and bike storage and repair.
Apartments will feature granite countertops, tile backsplashes in the kitchen area and stainless-steel appliances. This development represents a capital investment of more than $30 million.
The La Porte Redevelopment Commission is supporting the project with Tax Increment Financing.
Construction is set to begin next summer with an opening set for late 2020.
