Bywater Development Group

CMT Honors TOD Project Partners During 42nd Annual Meeting During CMT's 42nd Annual Meeting, project partners Bywater Developm...

Many thanks to Citizens for Modern Transit for the University Crossing development being amongst those recognized at your annual meeting! Also, our utmost appreciation to our co-developer partner Employment Connection Saint Louis, an outstanding overall development team, our tremendous financial partners, and a host of strong community supporters/collaborators. Congrats to all involved!

Fantastic!

We are pleased and honored to announce that, alongside our outstanding co-developer partners, Simmons Development Group and Beacon-SOCAYR inc, our team has been awarded Affordable Housing Tax Credits by the Illinois Housing Development Authority to finance the development of Burlington Terrace in Galesburg, IL.

Burlington Terrace will provide 60 newly constructed, affordable villa-style apartments for seniors, thoughtfully designed with high-quality finishes, energy-efficient features, and enhanced accessibility to support independent living. Located adjacent to the recently developed Graham Health System clinic, residents will enjoy convenient access to healthcare services while remaining connected to the Galesburg community. The development is designed to help seniors comfortably age in place in a safe, welcoming, and vibrant neighborhood.

We extend our sincere appreciation to the Illinois Housing Development Authority for its confidence and financial partnership in making this development possible. We also thank Graham Health System, the City of Galesburg, IL Government, and the Knox County Housing Authority for their invaluable support and collaboration throughout this effort.

We look forward to advancing Burlington Terrace toward financial closing and the start of construction in the coming months. Stay tuned for additional updates as this exciting development becomes a reality!

Outstanding progress on The Forum affordable senior housing development in the wonderful community of Troy, IL!

Our thanks to a tremendous development team led by Altman Charter Company (GC), Harambee, LLC (Co-GC), WJW Architects (Architect), Baba Architects (Co-Architect), TWM, Inc. (Civil Engineer), Energy Diagnostics, Inc. (Green Building Consultant), and larger team for your great work to date.

Also, special tip of our cap and thanks to our truly great co-developer partners at the Southwestern Illinois Development Authority ("SWIDA").

The full team is off to an excellent start and momentum is building. Looking forward to this team keeping this rolling and this superb development continuing to take shape!

Progress continues on our Marketplace Commons development in Dawson Springs, KY!

Great work thus far by our development team led by Altman Charter Company (GC), WJW Architects (Archtect), and Ronald Johnson & Associates (Civil Engineer). And, hats off to our team here at Bywater Development Group and our co-developer partners at Beacon-SOCAYR inc for your continued efforts moving this important and impactful development forward.

Let's keep this rolling!

Members of our team toured and inspected our Wiman Gardens development in Madisonville, KY yesterday. It is clear this property is superbly managed, maintained, and operated. Many thanks to the team at Beacon-SOCAYR inc for their great, ongoing work to ensure this property is an optimal place for its residents to call home and a positive anchor in the community!