Integrity at Springfield
The Integrity campus of Springfield unfolds as a fabulous opportunity for ICP to make a strong statement in the Vermont market. The 191-unit facility will barely scratch the surface of demand in the local market with local market studies showing demand for over 1000 units.
Situated by the historic Fellows GE Hydroelectric Turbine building in a designated downtown district and is located in the center of a federally approved Opportunity Zone. The project will rehabilitate an existing historic riverfront mill complex, preserving a major characteristic of the city.
Huge government support drives a high probability of grants and funding programs to subsidize the project. The Springfield Health Center occupies 33,000 square feet of the building with over $8M invested in tenant improvements. The Springfield Health Center provides opportunity for partnered care and increased marketing reach to aid in fill.
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Due to the sensitive nature of each investment opportunity, investment reports and projections are only made available upon request.