Condo redevelopment project progresses

Boarded up and fenced off, twin condo complexes in the heart of Mountain View are headed for redevelopment by Cook Inlet Housing Authority.

Fresh graffiti on newly vacant condominiums at Marina Park, May 31, 2018.

The nonprofit housing developer first announced its plans at a Mountain View Community Council meeting in January: The Marina and Karina Park Condominiums, back to back at 425 Price St. and 434 Irwin St., would be purchased, renovated and reused as rental properties — 20 three-bedroom apartments and a single one-bedroom unit. Six months later, the plan is inching forward.

As a new design for the buildings takes shape, sheets of plywood cover the window and doors on all but one of the units. All but one of the original tenants has moved away. The last unit will be vacant by the end of June, according to Tyler Robinson, CIHA’s Vice President of Community Development, Real Estate and Planning.

“We are eager to begin construction, and expect to start in August following full design, permits, and financing,” Robinson wrote in an email.

Construction will last a year, he said. The housing authority also plans to seek suggestions for a new name for the property — one that fits the location at the center of the neighborhood, adjacent to the community center and the park.

Image courtesy Cook Inlet Housing Authority.

Image courtesy Cook Inlet Housing Authority.

Image courtesy Cook Inlet Housing Authority.

Image courtesy Cook Inlet Housing Authority.

Categories: News

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