DENMARK – A new apartment complex that will cost approximately $7 million will be built in Denmark, officials with the city and developer Woda Cooper Companies Inc. of Columbus, Ohio announced Thursday afternoon.
The 34-unit Lowcountry Crossing will be built on Progressive Way in Denmark across from Fairridge Lane Apartments.
Lowcountry Crossing is being made possible through the support of the South Carolina State Housing Finance and Development Authority. The complex will include two two-story buildings featuring large apartment homes. There will be 24 two-bedroom apartments and 10 three-bedroom apartments. All units will have open-concept living spaces, energy-efficient windows and central heating and air conditioning systems, officials said.
Lowcountry Crossing will be located on the former site of Holly Hill Mill, a wood mill, city officials noted.
Denmark Mayor Dr. Gerald Wright said, “The new 34-unit, multi-family rental community on Progressive Way is an important addition to our community. We look forward to the housing that is being developed by the Woda Cooper Company.”
“Lowcountry Crossing … will fulfill our community’s need for high-quality, affordable housing with modern, energy-efficient, affordable apartment homes and amenities,” Wright added.
“We are appreciative of any entity that comes into our community to help beautify and improve it,” Denmark City Councilman Calvin Odom said.
Barry Accountius, vice president of development for Woda Cooper Companies, said, “We look forward to starting construction for Lowcountry Crossing in mid-2019. We appreciate the fabulous partnership and support from the City of Denmark and South Carolina’s state housing agency.”
This is where private funds meet public funds, Accountius said.
“We are absolutely thrilled to be here. The City of Denmark has opened its arms to us. We would not be able to do this without the S.C. State Housing Authority,” he added.
Wright said, “Housing is always an important part of any growth we have had in Denmark … . If we are able to match the progress with additional jobs, it will be the perfect match.”
City Administrator Heyward Robinson added, “This project works well with the upcoming emergency (medical) center and new school … . Denmark is on the move.”
The new apartment community will offer a community building, a central laundry, a computer room and a playground. Monthly rent will be affordable for families or singles who earn 60 percent of area median income or less and will include owner-paid water, sewer and trash collection.
Accountius said construction will begin on the apartments in late spring or early summer of 2019 with anticipated completion in the spring of 2020.
Woda Cooper Companies Inc. and its affiliates are developers, general contractors and property managers specializing in the design, construction and management of multi-family apartments, senior communities and single-family homes.
Affordable Housing and Finance ranked the firm sixth overall among developers and 29th overall among owners in its April/May 2018 issue. Woda Cooper Companies Inc. has developed and currently manages more than 300 communities and 12,000 units, operating in 15 states. In addition to its headquarters in Columbus, Ohio, the firm has offices in Savannah, Georgia; Shelbyville, Kentucky; Indianopolis, Indiana; Annapolis, Maryland; Norfolk, Virginia and Mackinaw City, Michigan. The firm has approximately 66 employees.
For more information about Lowcountry Crossing, call 614-396-3200 or go to http://www.wodagroup.com.