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$19.7M Rehabilitation Of Parkwood Commons Complex Nears Completion

Wallick Communities The rehabilitation of a low-income Peoria apartment complex is wrapping up. But the lengthy waitlist suggests there may be more demand than supply for affordable housing in the city.  You might know it as Pierson Hills, but the redevelopers of the Section 8 housing are redubbing the modernized 70s-era housing as Parkwood Commons. Wallick Communities is nearing completion of the rehab. Vice President of Development Alexis Dunfee said bringing the apartments up to snuff has taken four years and $19.7 million. We were able to address some of those things that as operators and managers of this, we d say, Time out, this is a life-safety issue, right? Dunfee said. So wiring, windows that weren t meeting egress, doors that were falling off the hinges kind of situation, where people couldn t even lock their front door.

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