Construction’s underway for Greenwood Manor, a residential venture intended to provide affordable housing to seniors in New Smyrna Beach, Florida. The project’s being managed by the New Smyrna Beach Housing Authority, which has provided 126 public housing units since 1950.
Greenwood Manor will offer 80 units in a three-story building. There are 65 one-bedroom units and 15 two-bedroom units. Amenities include a one-story clubhouse. The building comes with elevators and hurricane-proof windows. It will cost around $23 million to complete.
Construction requires the general contractor, NDC Construction Company, to demolish Greenlawn Terrace. Greenlawn Terrace was built in 1954. It was deemed obsolete by the U.S. Department of Housing and Urban Development in 2019, per the Daytona Beach News-Journal.
At this time, rent is not publicly available. However, units will be offered to seniors over the age of 62 years old. Teresa Pope, New Smyrna Beach’s Housing Authority’s executive director, hopes to keep rent less than $1,200 per month, which is the average rent of many housing units in the area. She acknowledged that she wants to keep the community available to seniors who live on a fixed income.
Greenwood Manor’s address is 600 Greenlawn Street, New Smyrna Beach, Florida, 32168, in Volusia County.