For an apartment leasing business, there can be no better problem than running out of room for everyone who wants to live in your building. Fortunately, when that happened recently to
Beaumont Apartments in East Lansing, they had room to grow.
“We have always had high demand for units on this property, and we exceeded our supply,” Matt Niven, property manager for Beaumont Apartments.
The housing development, owned by the
Gillespie Group, is now adding to their 76 existing units with the renovation of a previously unused, 8,500-square foot building, adding 13 units with a distinct, new style.
“It will be more of an industrial feel,” says Niven. “The doors will have faux business signs on them, and everyone will have private entrances. The floor in the main living space will be stained concrete.”
Work on the units, called “urban flats,” began in January and is expected to be completed by late April or early May. Of the 13 units, 10 will be one-bedroom and three will be two-bedroom apartments. The Beaumont Apartment leasing office will also be located in the newly-renovated space.
According to Niven, continued development on the property is possible in the future and will depend upon growing demand.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.