BURLINGTON, NJ—Ingerman begins construction today on an affordable rental community that will help transform an “under-used” industrial site here into a new city neighborhood.
Apartments at the Mill will have 65 total apartments - one-, two- and three- bedrooms. The development will anchor a larger redevelopment of five new buildings. An existing mill structure on the 2.4-acre site will be renovated and converted into a community center with 11 residential units above.
“At Ingerman, we pride ourselves on developing housing communities that enhance the surrounding region and positively contribute to the quality of life of local residents,” said Brad Ingerman, president and CEO. He is to join local officials at an official ground=breaking ceremony for the project today.
While there is a long history of municipal opposition to affordable rental housing development in New Jersey, Burlington's mayor, James Fazzone, says his city welcomes the potential for renewed vitality at the site, which is near an NJ Transit bus stop and within walking distance of shops and restaurants.
Last fall, Ingerman received Community Development Block Grant funding and also $3.5 million in tax credits to further four affordable housing projects in Middlesex, Ocean and Burlington counties. The Burlington development at 505 Mitchell Ave. was awarded $1.16 million in tax credits.
Ingerman is currently compiling a contact list of prospective residents for Apartments at the Mill. The company has developed 85 communities with more than 6,700 residential units since 1988.
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