Active Development Projects

Cohen-Esrey has several active apartment development projects underway. In addition to delivering high quality housing options for working families and low income senior citizens, these projects have a meaningful and positive impact on local economies. The construction projects provide local jobs and economic activity. Once operational, apartment communities provide ongoing local jobs and a pool of new local residents as patrons to neighborhood businesses. In the end, these projects bring jobs, bring customers, beautify and revitalize communities, and ultimately reinvigorate local economies.



Local Economic Benefits - Active Cohen-Esrey Development Projects1


Local Business Owners' Income2

$23,352,225

Local Wages and Salaries

$52,066,335

Local Taxes and Fees

$1,426,740

Number of Apartment Units

645

Local Jobs Supported during Construction

1,038

Local Jobs Supported Every Year

284

1) Based on per unit economic impact according to NAHB: [view source]
2) Income to local business resulting from economic activity generated by development project


Local Economic Benefits - Project Detail


Project NameLocationUnitsProgramConstruction TypeTotal Development CostLocal Business Owners' IncomeLocal Wages and SalariesLocal Taxes and FeesLocal Jobs Supported during ConstructionLocal Jobs Supported Every Year
Waverly Historic LoftsWaverly , IA 349% LIHTCHistoric Preservation$8,154,855$1,230,970$2,744,582$75,2085515
Walnut Street FlatsReedsburg, WI 339% LIHTCNew Construction$6,647,084$1,194,765$2,663,859$72,9965315
Marshalltown Senior ResidencesMarshalltown, IA 289% LIHTCHistoric Preservation$4,810,754$1,013,740$2,260,244$61,9364512
Midtown PlazaKansas City, MO 107Market RateAdaptive Reuse$20,759,714$3,873,935$8,637,361$236,68417247
Lofts at The GrimTexarkana TX 934% LIHTCHistoric Preservation$26,248,863$3,367,065$7,507,239$205,71615041
Lofts at VenturaSan Antonio, TX 2004% LIHTCNew Construction$36,128,289$7,241,000$16,144,600$442,40032288
Sun Prairie Senior ResidencesSun Prairie, WI 1004% LIHTCNew Construction$25,436,089$3,620,500$8,072,300$221,20016144
Village on MainWaunakee, WI 509% LIHTCNew Construction$11,870,915$1,810,250$4,036,150$110,6008122
TOTAL645$140,056,563$23,352,225$52,066,335$1,426,7401,038284

Active Projects