WHAT: Coronado Park Senior Village, or CPSV, is a place for seniors, aged 55 and older, who raised their families and made their lives in Eagle River and nearby communities and who want to live independently, close to family and friends, in a way that is affordable to people living on a fixed income.
CPSV will consist of a four-story 56-unit apartment building. There will be a mix of one- and two-bedroom apartments, all of which will be fully accessible and will include sight and sound equipment. The building is designed to meet the 5 Star Plus energy rating and will have the largest alternative energy system in a residential building in Alaska, comprised of an array of solar thermal systems, providing more than 50 percent of the energy needed for domestic hot water. There will be a mix of underground parking and surface parking.
The design and plan of CPSV takes into consideration the Eagle River Central Business Revitalization Plan and the Chugiak-Eagle River Comprehensive Plan Update. The development locates new housing within walking distance of downtown Eagle River businesses and services.
CPSV will accommodate residents with a mix of incomes, from market-rate units to units for residents with incomes equal to 60 percent of Area Median Income (AMI), as set by the U.S. Department of Housing and Urban Development (HUD).
WHERE: 16820 Coronado Road, Eagle River
COST: $16.6 million
DESIGN/ARCHITECT: kpb architects
GENERAL CONTRACTOR:Neeser Construction, Inc.
Insulation: A-1 Insulation, Wood Framing: Accurate Framing Systems, Fire Protection System: Alaska Quality Fire Protection, Fireproofing: Bek of Alaska, Flooring: Carpet World of Alaska, Siding Installation: Carve Construction, LLC, Electrical: Clemens Electric, Window Coverings: Commercial Contractors, Inc., Sectional Overhead Doors: Door Systems of Alaska, Testing: DOWL HKM, Site Concrete, Curb & Gutter: Finishing Edge, Excavation: Gumley Excavation, Inc., GWB, Tape & Paint: Inlet Painting & Drywall, Asphalt Paving: McKenna Bros. Paving Co., Temporary Fence: McKinley Fence, Elevator: Otis Elevator, Install Casework & Misc. Spec.: PANCO, Inc., Striping (asphalt) Prostripe, LLC, Roofing: Rain Proof Roofing, Supply & Place Bldg Concrete: Siegel Construction, LLC, Surveying: Slana Surveys, Plumbing & Heating: Slayden Plumbing & Heating, Alum Storefront, Sliding Doors: Spenard Builders Supply, Steel Erection: Swanson Steel Erectors
INVESTORS: R4 Capital, Northrim Bank, Alaska Housing Finance Corporation, Rasmuson Foundation and Cook Inlet Housing Authority
OWNER/DEVELOPER: Cook Inlet Housing Authority
WHY: The senior population in Alaska is projected to increase by 4 percent each year until the last baby boomers turn 65 in 2030. Many of these seniors pioneered Alaska, building the state's infrastructure, institutions and communities. They remain valuable, contributing members of our community, mentors, leaders, keepers of history and knowledge, teachers and guardians. This development offers a way to retire and/or downsize their households here in Alaska with their favorite people and in their favorite places. According to Cook Inlet Housing Authority President/CEO Carol Gore, "It is our responsibility to find a proper and welcome place for our seniors in our communities."
WHEN: Construction at CPSV began in April 2013 and is scheduled for completion in August 2014.
Information compiled by Joy Guest. Have you driven by a construction project lately in Anchorage, Eagle River or the Mat-Su Valley and wondered "What is that going to be?" It might be a potential candidate for this feature. If you have a project to suggest, call Joy Guest at 257-4315 or email email@example.com.