FOR IMMEDIATE RELEASE Contact: Ashley McLaughlin Phone: (860) 325-1716
[email protected] Vesta Corporation To Celebrate Groundbreaking of The Longfellow Weatogue, Conn. (June 2, 2021)- Vesta Corporation (Vesta), a leading real estate firm specializing in the acquisition, development and management of multi-family affordable housing communities, secured financing and will celebrate the groundbreaking of The Longfellow, an affordable senior housing community on the nationally recognized historic site of the Henry W. Longfellow School in Cleveland, Ohio on June 24, 2021 at 1:00 PM. The Longfellow will create 80 new affordable senior apartment units, spread between the historic rehabilitation of the existing Henry W. Longfellow School and a newly constructed building on the property. Vesta’s vision for the site is to preserve the school building by adapting the classrooms into 30 apartments and refurbishing the auditorium and other prominent features as common space for residents and staff. The redevelopment plan also includes the construction of a new building on site with an additional 50 apartments and a connecting walkway providing residents easy access to features in both buildings without exposure to inclement weather and slippery sidewalks. The end result will preserve The Longfellow’s unique architectural features and repurpose the property into a community that will serve as a long-lasting source of high-quality affordable housing for years to come. “We are incredibly excited to celebrate this momentous groundbreaking after many years of hard work and commitment to fulfilling an essential need for high-quality affordable housing in the community,” said Aaron Greenblatt, Counsel for Vesta Corporation.