ARCO and Lincoln Avenue Communities recently broke ground on a new affordable housing community in Greenville, South Carolina. Dunean Creek Apartments will provide 60 units of affordable housing for lower-income families and individuals in Greenville County.
During the event, Rusty Snow, Lincoln Avenue Communities Vice President and Regional Project Partner, shared, “Dunean Creek will bring high-quality, affordable homes to Greenville, where the supply of affordable housing has not kept pace with the rapidly growing population. We’re grateful to our financing partners and the state and local officials who helped make this development a reality.”
Apartments at Dunean Creek will be reserved for those earning no more than 60 percent of the area median income (AMI). Greenville is one of the nation’s fastest-growing metro areas, and lower-income families and individuals face a critical shortage of affordable homes across the county.
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About Dunean Creek Apartments
The new three-building multifamily development will offer residents 60 garden-style for a total of 72,300 rentable SF. Dunean Creek will also offer a variety of amenity spaces such as a clubhouse, fitness center, internet cafe, tot lot play area, meeting spaces and lounges.
ARCO is proud to be part of this exciting project and looks forward to its completion in 2024!
Lincoln Avenue Communities is one of the nation’s fastest-growing developers, investors, and operators of affordable and workforce housing, providing high-quality, sustainable homes for lower- and moderate-income individuals, seniors, and families nationwide. LAC is a mission-driven organization with a presence in 26 states and a portfolio of 120 properties comprising 22,000+ units.
With more than 30 years of experience, ARCO has grown to become a leader in the design-build industry with offices in 37 major U.S. markets and hundreds of associates nationwide. As the 3rd largest design-build general contractor in the United States, ARCO offers the strength and presence of a national builder with the personalized attention of a small company. We provide our clients with complete, turnkey project delivery from site selection to building turnover. Our professional qualified team of engineers, project managers, superintendents and architects are capable of designing and building the most demanding projects anywhere in the country. We pride ourselves in offering the best, most cost effective, single source solutions while adding value to every project. As the design-build experts, ARCO’s approach results in reduced risk, firmer prices sooner and faster results.