Published: 1:00 pm, Wed. Jul. 13th, 2016Updated: 2:48 pm
Members of Chelsea Investment Corp., along with employees of the City of Artesia and the Eastern Regional Housing Authority (ERHA), came together this morning for a long-awaited celebratory groundbreaking at the abandoned Johnson Manor, formerly Artesia General Hospital.
“This one made sense from the very start,” said Mayor Phil Burch. “It’s an old facility, and its time has gone. When it was built, it was a place to be proud of and over the years, as the hospital moved out, it had its issues. We look forward to working with Chelsea.”
The development owner is comprised of the ERHA in partnership with Chelsea Investment Corp. The ERHA owns and operates affordable housing developments and provides supportive services to residents in affordable housing developments throughout southeastern New Mexico. Chelsea Investment Corp., established in 1984, is a full-service, multi-family affordable housing provider with developments in California, Arizona and New Mexico.
The investment firm said today a new, two-story apartment building, dubbed Roselawn Manor, will be constructed on the site after the old hospital is demolished. Construction is expected to be completed by December 2017.
The apartment building will feature onsite surface parking, an elevator to provide handicap accessibility, an indoor common area including a community room and a computer resource room, residential storage, and a laundry facility. All units will be accessible off of interior corridors on the first and second floors.
There will be 26 one-bedroom, 23 two-bedroom, and 14 three-bedroom apartments throughout, with rent ranging from approximately $325 to $925 and income limits applying. Each apartment will include appliances, window coverings, and heat/air conditioning.
“We think this is something the city will be proud of,” said Robin Pelton, asset manager with Chelsea Investment Corp. “We would first and foremost like to thank the City of Artesia and Mayor Burch and their incredible cooperation. If all cities could be this cooperative, it would make our jobs easier and make affordable housing more abundant.”
For more information on construction and/or leasing, contact Pelton at 818-408-9147 or [email protected]