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Recent Merit Enterprises Projects

Cardinal Portfolio

  • LIHTC with Ohio State Finance Agency
  • 750 units across multiple cities in Ohio
  • Scope: Pre-development included site and building evaluation, including a physical needs assessment, as well as a unit-by-unit assessment of the property, and evaluation of all mechanical and electrical equipment needs.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $11.5 million

Central Park Towers

  • 110 units in Kansas City, Kansas
  • Section 8 Senior high rise occupied
  • Scope: New cabinets, HVAC, flooring, light fixtures, bath fixtures and vanities, as well as common area renovations such as flooring, paint and offices.
  • Cost: $1 million

Euclid Beach Club

  • LIHTC with Ohio State Finance Agency
  • 252 units in Cleveland, Ohio
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $3 million

Euclid Beach Villa

  • 559 units in Cleveland, Ohio
  • LIHTC Renovation with Ohio State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $6 million

Euclid Hill Villa

  • 505 units in Euclid, Ohio
  • LIHTC Renovation with Ohio State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $5.5 million

Forest Green Apartments

  • 100 units in Gainesville, Florida
  • LIHTC Renovation
  • Scope: Common areas, community rooms, site work and mechanicals. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms.
  • Cost: $1 million

Forest Hills Terrace

  • 420 units in East Cleveland, Ohio
  • LIHTC Renovation with Ohio State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including fitness rooms, library and computer rooms.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $5 million

Fountain Place Apartments

  • 102 units in Connersville, Indiana
  • LIHTC Renovation with Indiana State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms. 11 units were converted to meet ADA requirements.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $2.2 million

Gates Mills Villa

  • 191 units in Mayfield Heights, Ohio
  • LIHTC Renovation with Ohio State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $2.5 million

Grandview Manor Apartments

  • 146 units in Erie, Pennsylvania
  • LIHTC Renovation with Pennsylvania State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including fitness rooms, library and computer rooms.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $2 million

Lakeshore Village

  • 108 units in Cleveland, Ohio
  • LIHTC Renovation with Ohio State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms. 11 units were converted to meet ADA requirements. 11 units were converted to meet ADA requirements. Construction of new 4,000 square foot ground-up community building is under way.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $4.8 million

Meadows at Oakwood

  • 185 units in Oakwood Village, Ohio
  • Scope: General Contractor for the development and construction of the improvements relating to 185 single family lots, including supervision of ground-up construction of homes. As of January 2009, 103 homes have been built and sold. Project completion scheduled for 2011.
  • Cost: $11 million

Ohio Village Apartments

  • 120 units in Ashtabula, Ohio
  • LIHTC Renovation with Ohio State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms.
  • Vacant unit rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $2 million

Owls Nest Apartments

  • 260 units in East Cleveland, Ohio
  • LIHTC Renovation with Ohio State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $3 million

Reflections Apartments

  • 240 units in Columbia, Maryland
  • Market Rate
  • Scope: Conventional rehab included the replacement of interior finishes, vanities, bathroom fixtures, and flooring.
  • Cost: $2.2 million

Riverview Manor Apartments

  • 123 Units in Sharon, Pennsylvania
  • LIHTC Renovation with Pennsylvania State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including fitness rooms, library and computer rooms.
  • Cost: $1.6 million

Thetford Portfolio

  • 1,000 units across multiple cities in North Carolina
  • Scope: Cabinets, flooring, window, HVAC, electrical, plumbing, paint and common areas.
  • Cost: $2.5 million

Village Green Apartments

  • 100 units in Gainesville, Florida
  • LIHTC Renovation with Florida State Finance Agency
  • Scope: Common areas, community rooms, site work and mechanicals. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms.
  • Cost: $1.2 million

Walnut Hills Apartments

  • 191 units in Cincinnati, Ohio
  • LIHTC Renovation with Ohio State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms. 40 units were converted to meet ADA requirements.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $4.1 million

Westview Apartments

  • 100 units in Youngstown, Ohio
  • Mark To Market
  • Scope: Mark to Market rehab included replacement of HVAC units, kitchen cabinets, countertops, fixtures, appliances, roofs, siding, driveways, patios, flooring, bathroom fixtures and vanities.
  • Cost: $1.1 million

White Pond Villa

  • 173 units in Akron, Ohio
  • LIHTC Renovation with Ohio State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms.
  • In place occupied rehabilitation
  • 12 month completion schedule
  • Davis Bacon Prevailing Wages
  • Cost: $2.5 million

Willow Village Apartments

  • 100 units in Sharon, Pennsylvania
  • LIHTC Renovation with Pennsylvania State Finance Agency
  • Scope: Common areas, community rooms, elevator modifications, site work, mechanicals and life safety systems. Interior unit renovation included cabinets, flooring, light fixtures, appliances, plumbing fixtures, paint, tub surrounds and tub glazing. A community room was constructed using an existing building that was demolished and rebuilt – approx. 2,000 square feet. Amenity rooms were added, including theatre, fitness rooms, library and computer rooms.
  • Cost: $1.3 million

Wyandot

  • 16 units in Galion, Ohio
  • Scope: Building was damaged by a fire during a tax credit rehab (Cardinal Portfolio). Building was demolished down to the foundation and rebuilt, including all finishes, utilities, roof and site.
  • Cost: $650,000