The Crown Group of Chicago in partnership with Boost Builds of Richland has completed Park Place Apartments, a $22 million, 106-unit upscale residential and retail project at the entrance to Howard Amon Park.
Crown Group worked for more than five years to bring the project to fruition after the city of Richland selected it to develop the high-profile site, long derided as “the pit” after a failed development left it partly excavated.
Crown initially intended to build an office complex and later changed to apartments after a split Richland City Council signed off on the plan on a 3-2 vote. The resulting project includes underground parking, electric vehicle charging stations, elevators and separate retail buildings facing George Washington Way.
TVA Architects of Portland designed the project. Fowler Construction of Richland built it and Prodigy Property Management will handle leasing and management of the residential side of the project.
The Crown Group is led by Mark Lambert. Boost Builds is led by David Lippes, a Richland investor and founder of TiLite, and John Crook, founder of Paragon Corporate Housing, also in Richland.
Rents begin at $1,200 for a studio apartment unit. The project offers one- and two-bedroom units as well.
More information at ParkPlaceRichland.com.
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