Schweitzer announces new employee housing project
Schweitzer has partnered with Eastmark Capital Group, a real-estate development company, to create an 84-unit apartment complex, providing much needed housing for Schweitzer’s employees.
(Illustration courtesy SCHWEITZER)
PONDERAY — Schweitzer has partnered with Eastmark Capital Group, a real-estate development company, to create an 84-unit apartment complex, providing much needed housing for Schweitzer’s employees.
“Employee housing has been a focus of ours for several years,” Schweitzer President & CEO, Tom Chasse said in a Tuesday press release. “Being able to offer our dedicated staff and their families a place to call home, is a huge win for them and for us.”
The complex will be located near the intersection of Schweitzer Plaza Drive and Triangle Drive in Ponderay, walking distance to shopping, dining, and transportation services including the public shuttle to Schweitzer.
The first phase of the new neighborhood will consist of three, three-story buildings on approximately three acres with a central courtyard. Each building will offer pet-friendly one-, two-, and three-bedroom units and feature efficient, flexible designs with modern amenities, including washers and dryers as well as bike and ski storage.
Schweitzer officials said the apartments are well-suited to individuals or employees with families who would otherwise be challenged to find reasonably priced accommodation in the area’s competitive housing market.
The $22 million housing development has already received approval from the city of Ponderay with construction beginning this spring. The full project is expected to be completed within 12 months, with employees occupying units as soon as the summer of 2023.
“Our managers and frontline staff are the people who make Schweitzer, Schweitzer and being able to help them continue living in the heart of our community is extremely important to all of us,” Chasse said.
Beyond the first phase of apartments, future plans for the site include additional housing units, covered picnic areas, outdoor play areas, walking paths, workout facilities, and a full-service daycare facility aimed at serving Schweitzer employees with young children in need of affordable childcare, Schweitzer officials said.
The housing project is the resort’s second project directly related to employee housing. In the summer of 2020, the resort acquired and renovated a former assisted living facility in Sandpoint, creating dormitory style housing for 16 seasonal and full-time employees this past year.
Information: schweitzer.com