Forest Oaks Senior Apartments
Forest Oaks Senior Apartments, is a new five-story, 85,000 S.F. “podium-style” building. The first floor features 4,300 S.F. of commercial and community space while floors two through five have a combined 56 residential units offering affordable senior living. The wood-frame building is clad primarily in masonry. The building’s basement offers heated parking for residents and houses mechanical rooms. Forest Oaks is close to local shopping, community amenities, and a commuter train station.
The construction of Forest Oaks was funded in part with IHDA LIHTC tax credits. Henry Bros. was involved from the early design phases and provided comprehensive preconstruction services for the owner. As an integral member of the development team, Henry Bros. Co. was able to provide input and guidance to help the client make important development decisions. This included providing all of the necessary documentation for the client, and their respective capital sources, to ensure the project “closed” on the targeted deadline. This allowed for project funding and the timely commencement of construction.
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