WEST LAFAYETTE, Ind. (WLFI) — The first of several new housing projects near Purdue University's campus is now open and ready for renters. City leaders hope this family owned and operated apartment complex will help resolve some issues in West Lafayette.
Hi Vine located on Vine Street, is a mixed use building. The bottom level is reserved for local businesses including AJ's Burgers and Beef, Village Bottle Shoppe and Copper Moon Coffee. The rest of the floors are filled with fully-furnished apartments.
"This is our biggest project, but it's definitely not our first project," said Amy Karlaftis.
Karlaftis along with most of her family has been in the housing and rental game through their family business Weida Management, for several years.
"We are family owned operated, so we're able to cut our costs," Karlaftis said although they cut costs, they didn't cut corners.
Each apartment comes fully- furnished with an in-unit washer and dryer as well as a fully-equipped kitchen. That's by design, after working with the city to determine what was needed.
"We go to neighborhoods, what they want is families to move into their neighborhoods. They are rather worn out with the students doing what they naturally do which is typical for that age group," said Mayor John Dennis.
He believes the apartments will not only help with Purdue's housing shortage, they'll also get students out of neighborhoods and closer to campus.
"It's great having a local family do a development like that, it really does help because they're familiar with the rental market, they're familiar with the student population and that really is a bonus for putting a product there so close to campus," Dennis said.
It's a relationship Karlaftis and her family appreciate.
"We always want the city to be happy because we want it to last forever and they always have our best interest at heart with the best design and what their plans are for the future," she said.
As the city continues to grow, Dennis said building for the future is more important than ever.
"We need to be ready and able to accommodate the population that's coming here, to educate the population that's going to be coming here and make sure that they have space to do what they need to do."