An iconic Sandusky structure may soon transition into a vibrant living space for senior citizens.
Earlier in 2012, Columbus-based housing developer Buckeye Community Hope Foundation secured $8 million to renovate the Rieger Hotel, located on Jackson and West Market streets, into a 37-unit apartment complex sculpted for senior living.
Buckeye is a non-profit organization aiming to providing affordable housing in urban and rural markets.
Plans also call for commercial activity, such as a restaurant or office space, on the first floor.
Construction for the year-long project should start by November.
“The redevelopment of the Rieger is going to be great in terms of serving the unmet needs of seniors who want to live downtown,” foundation vice president Roy Lowenstein said.
Tentatively, available space and rent will be:
• $389 per month for a large studio apartment, four in total;
• $499 per month for onebedroom apartments, 16 in total, from 650 square feet up to 751 square feet.
• $599 per month for twobedroom apartments, 17 in total, from 850 square feet up to 1,000 square feet.