Minot, ND (PRWEB) December 20, 2013
The North Highland Apartments, which are designed to help the Minot area meet soaring demand for rental housing, will open in phases during the next two years.
"Construction is on target and we will begin leasing in July of 2014 the first completed units," says Paul Hegg, President and CEO of Hegg Companies Inc.
Amenities at the North Highland Apartments will include underground parking, indoor swimming pool, business center, fitness facility, and media and community rooms.
The $44 million, 239-unit residential campus is being developed inside the Bakken oil-production area by Hegg Development Group, of Sioux Falls, S.D. Hegg Development Group also will manage the residential complex.
Hegg Companies, founded in 1945, is involved in several projects in the region, including the development of housing, office and retail in Williston, N.D. and Watford City, N.D.
"The ongoing oil boom on the Bakken formation continues to attract an influx of energy workers and new businesses to hub communities such as Minot in western North Dakota," said Paul Hegg. "With the expanding work force comes the need for a variety of housing."
"The goal of the North Highland Apartments is to not only fill a void in the rental housing market but to help people relocating to the area by providing them homes with amenities typically only seen in large urban areas," Hegg says. "There's a need for rental housing in Minot that will provide people with a comfortable home, not just an apartment."
"Hegg Development is excited to have the opportunity to be involved in the rental housing market in the growing Minot area," Hegg says.
North Highland Apartments are being built on a 15.5-acre tract in Minot's North Highland Subdivision. J. Scull Construction Services of Rapid City, S.D. is the general contractor.
Site work began in August and construction began in October with opening dates as follows:
Villas Opening: The development will include 33 luxury villas that are scheduled to open from July to September of 2014.
Luxury Apartment Building One: An 86-unit apartment building, with one-bedroom and two-bedroom units, will begin leasing in December of 2014.
Luxury Apartment Building Two and Clubhouse: A 120-unit apartment building and common area will be completed in September 2015.