A former low-income apartment complex downtown is being renovated for its expected summer opening.
The Armory Park Apartment complex has been renamed "Herbert" and will feature studio and one-bedroom units.
The property, at 211 S. Fifth Ave., was bought by Peach Properties HM, Inc. and Holualoa Cos.
Units are being upgraded with new fixtures and windows, and common areas will feature an exercise facility and massage room.
The eight-story, 144-unit complex will have 450-square-foot studios and 600-square-foot, one-bedroom apartments. Rents have not been determined, said Christopher Sauer of Peach Properties.
Seniors who had been living in the 41-year-old Armory Park Apartments were relocated in July after investors built a new complex for low-income seniors west of Interstate 10, south of Congress Street.
The federal restrictions on the Armory Park property were set to expire at the end of 2013, meaning owners did not have to keep that building affordable.
Did you know?
The Herbert apartment complex is near Herbert Avenue, which is named for Realtor Herbert Drachman of the pioneering Tucson family. Businessman Samuel Drachman bought the block between Broadway, Fifth Avenue and Ochoa Street for $48 around 1880 and named the street to the east Herbert Avenue for his son.
Source: Arizona Historical Society
Contact reporter Gabriela Rico at email@example.com or 573-4232.