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Colony Plaza Apartments

404 E. St. Louis Avenue
Excelsior Springs, MO
Deal Type: 
Acquisition/Rehab
Year Built: 
1980
Acquisition Date: 
2000
Last Renovation: 
2000
Number of Units: 
111
Tenancy: 
Senior

Built in 1980, Colony Plaza is one of 14 properties purchased by POAH as its first portfolio acquisition following its founding in 2001. The $22 million purchase saved 915 affordable homes for seniors and low-income families in a dozen Missouri locations including 111 at Colony Plaza. The high rise is located in Excelsior Springs, Missouri on an acre of land with a view of The Elms resort, famous since the 19th century for its restorative mineral baths.

There are 111 one-bedroom apartments and each floor includes a well-appointed sitting area featuring large windows. The property offers a community kitchen and large gathering area as well as a landscaped patio and resident parking. 

Colony Plaza received funding though the HUD Green Retrofit Program (GRP) for building upgrades that improved efficiency and resident comfort: a new, efficient boiler plant, chiller, and ventilation unit, more efficient light fixtures and motion sensors  New windows were replaced throughout and a new solar hot water system now provides heat for the domestic hot water system.

Videos

Watch: Colony Plaza in Excelsior Springs, MO

Project Partners: 

  • Missouri Housing Development Commission (MHDC)
  • National Equity Fund
  • US Department of Housing and Urban Development (HUD)

Awards and Accolades

  Colony Plaza earned Energy Star building certification in 2015.