CITYSCAPE // New owners are promising major changes for Midlothian Village, a 47-year-old Section 8 housing complex in South Side, where residents have suffered from high rates of crime and decay in the buildings.
Community Preservation Partners, in partnership with The Hampstead Companies, bought the 217-unit complex for $17.5 million, or about $81,000 a unit. The complex last month has been renamed The Belt Atlantic, and $9.7 million is been allocated to refurbish the units, or about $44,700 per unit, to provide new appliances, update kitchens and bathrooms, improve interior lighting and upgrade entry doors. The companies also plan to install external security systems in the form of cameras, perimeter fencing and gates with access limits.
