WASHINGTON – Work is now underway for a big housing project at Cypress Point Housing Development project in Washington, Indiana.
The housing project was kicked off Wednesday with a groundbreaking ceremony.
Cypress Point will include six apartment buildings. Each will have 24 units with one to three-bedroom configurations.
It’s a two-phase $14.5 million project that will open 143 new market-rate apartment units and amenities on the east side of Washington. Local leaders hope this development contributes to workforce development and retention.
Phil Reinbrecht, president of Simplified Developments, says it will include six apartment buildings with 24 units per building offering 1,000-to-1,200 square feet apartments in one-to-three-bedroom configurations.
Bryant Niehoff, Executive Director of the Daviess County Economic Development Corporation says the new apartments will serve as an excellent option for professionals, young families, and individuals of all ages looking for a place to grow.
Officials believe Cypress Point will allow Washington to attract and retain talent that will step into jobs that are both available and being created in the community.