During a Sept. 21 workshop meeting, the group's Senior Development Associate April Engstrom said the building is being restored to be an independent senior living facility for individuals 55 years or older. During the presentation, Engstrom said the building qualifies as a historic building with the first phase of the building being designed by a renowned Texas architect named Wyatt Hedrick.
Engstrom said when completed, the building will be a member of the National Register of Historic Places, which means the building would qualify for historical tax cuts and protects historical elements.
"When you are redeveloping a full city block, there's a huge potential for impact on the local neighborhood," Engstrom said. "These historic deals are cool because you are making use of something that is already there; you are breathing new life into it."
According to Engstrom, the building was constructed in 1938.
The senior living facility is expected to have 47 units with rent ranging from $365-$1,000. Rooms will range from studio style to one and two bedrooms. The rooms will range from 619-946 square feet, Engstrom said.
Engstrom said the firm is cautiously optimistic renovations on the hospital will begin during the first quarter of 2023 and last 12 months.
