6580 Valley Center Dr. • Ste 124 • Radford, VA 24141 • 540-639-9313

Old Prices Fork School Reuse

Old Prices Fork School Reuse

Construction is almost complete on the first phase of housing at the old Prices Fork Elementary School, funded in part by the NRV HOME Consortium.   The 16 former classrooms have been converted into two-bedroom apartments for persons 55 and older.  In addition to being EarthCraft certified, the building is being rehabbed as a Historic Tax Credit project, meaning that much of the original charm of the school and classrooms will remain intact:  tiled hallways, large refurbished classroom windows, built-in storage closets, and even the classroom chalkboards will remain in the finished spaces.

The apartments will be mixed-income, with 10 units reserved for households that are low-to-moderate income and six units priced at market rate rents.  Owner and Developer, Taylor Hollow Construction, has received a large amount of interest in the project, necessitating the creation of a waiting list.  Taylor Hollow is currently processing applications, with move-in beginning as early as December 1.

The senior housing apartments will be co-located with the Old School Food Center, which will offer innovative economic development opportunities for new or expanding local food-based entrepreneurs through the creation of a commercial incubator kitchen, local food restaurant, retail spaces, craft brewery, and a business competition with support services.

For further information, please contact Jennifer Wilsie (jwilsie@nrvrc.org) 540-639-9313, ext. 204.