Shamrock Communities Announces Re-Opening of Indianapolis Community
- May 06, 2014
Indianapolis—Connecticut-based Shamrock Communities LLC kicked off the grand re-opening of Cottages of Fall Creek Apartments in Indianapolis with an on-site ribbon cutting ceremony to celebrate the repositioning of the community. The Cottages of Fall Creek Apartments is owned by Shamrock Communities and is managed by Louisville, Ky.-based PMR Companies.
The 783-unit community, which Shamrock acquired a year ago, is located on 81 acres and is currently engulfed in a $2 million capital improvement program that has already facilitated the redesign of the community center and management leasing office, upgrades to the electrical system, as well as paving and concrete repairs. Upcoming improvements will include upgrades to plumbing and mechanical systems, roof replacements and ongoing individual unit interior renovations.
“We wanted to significantly upgrade and enhance the apartment complex and create a community where tenants want to reside and take pride in their surroundings,” says Ellen Weinstein, CEO of Shamrock Communities. “We believe it’s important for tenants to connect with one another and feel comfortable in their neighborhood, which is why we implemented new programs and activities.”
By enhancing the community center the owner and management company hopes to bring new programs and events to the community. PMR has reached out to local community and organizations such as the YMCA and Girl Scouts to try to secure events to be held at the community center. Additionally, the property hosts several weekly events for residents, and a four-person community life team was created to connect with and welcome new residents.
“By offering social and educational opportunities, we are fostering a supportive community environment,” says Deborah Charlton, president and CEO of PMR Companies. “We simply strive to give back to each community, and it is our mission to turn an apartment complex into a community that residents can call home. We want to be a part of each neighborhood.”
Cottages of Fall Creek is comprised of one-, two- and three-bedroom floor plans. Its amenities include two swimming pools, lighted tennis courts, a fitness center, the clubhouse, playground and a wooded landscape with views.
Shamrock has added two Indianapolis communities to its portfolio since the beginning of the year, representing total of 373 units. Another 576-unit community is currently under contract. The company plans to make capital improvements and create new programs similar to those developed at Cottages of Fall Creek.