Madison, Indiana’s new Riverside Tower Lofts held an Open House yesterday, offering a closer look at this imaginative multi-family housing community for seniors, 62 and older. Known locally as “The Tack Factory”, the large brick complex of the former Tower Manufacturing Company has undergone a complete renovation. Leasing is underway, and visitors were given full access to tour open apartments and common areas. Several units are already occupied, but one and two bedroom apartments were on tour, as well as a few apartments in adjacent free-standing buildings.
I last visited the Riverside Tower project in mid January 2019 during Cornerstone Society’s “Trio Tour” of examples of adaptive reuse of historic properties. The interior space was stunning with amazing windows, high ceilings, huge beams, and brick and stone walls. Even with missing window panes and only framed walls, it was easy to see the space would be incredibly inviting when completed.
What a difference that last 14 months have made! Take a look how this renovation has turned a fairly decrepit abandoned industrial complex into modern living space brimming with architectural texture.
Here are views of several apartment configurations in the west wing of the main building. It does not escape me that most of the photos are of kitchens… HA! So me. But as justification, since the floor plans intend to offer open concept living, the kitchens are a main part of that! This wing offers one and two bedroom units on all three floors. Many top floors have amazing ceiling height and windows, and several lower floor units feature large arched doorways.
The east wing of the main building is a two story section, and many of the apartments in this area are occupied. This is also the location of the exercise room, common area kitchen and social area, and laundry. A huge hallway (set up for bingo during the tour!) is another common space with great potential.
Finally, here’s a look at the detached one bedroom unit located on the right side of the main entry area.
It’s exciting to see the stabilization and aesthetic transformation of this industrial property. Just as exciting is the availability of new income based senior housing for local residents. And I think we’re all thankful for the Denton Floyd Real Estate Group‘s confidence in Madison as a vital community deserving of their significant investment. This property’s a peach.