INDIANAPOLIS (October 25, 2022) – The Annex Group®, a leading impact housing developer that creates affordable, workforce and student housing communities, announces today that its property Union at Wiley has won the 2022 Best of Cedar Rapids Award in the apartment building category by the Cedar Rapids Award Program.
Each year, the Cedar Rapids Award program identifies companies that have achieved exceptional success in their local community and business category. According to the program, these exceptional companies help make the Cedar Rapids area a great place to live, work and play.
“It is a great honor to receive this recognition for Union at Wiley,” said Kyle Bach, CEO of The Annex Group. “This community is strategically located in an area where affordable housing is greatly needed. We’re proud that it will provide a place to call home to many people, and offer plenty of highly-desired amenities.”
Union at Wiley is located at 4227 21st Ave. SW. in Linn County and features 180 units including one, two and three-bedroom options. The community is targeting residents who earn up to 60 percent of the area median income (AMI). Community amenities include a clubhouse with a t
elevision, gaming area, playground, fitness center and ample street and carport parki
ng options. The $31.85 million property is open and leasing one and two-bedroom units, with three-bedroom units to become available later this year. The community will be fully completed with a grand opening in spring 2023.
Various sources of information were gathered by the Cedar Rapids Award Program and analyzed to choose winners in each category, including both internal information and data provided by third parties.
ABOUT THE ANNEX GROUP®
The Annex Group® is a leading impact housing developer that creates workforce, affordable and student housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is proudly headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.
ABOUT THE CEDAR RAPIDS AWARD PROGRAM
The Cedar Rapids Award Program is an annual awards program honoring the achievements and accomplishments of local businesses throughout the Cedar Rapids area. Recognition is given to those companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value.
The Cedar Rapids Award Program was established to recognize the best of local businesses in our community. Our organization works exclusively with local business owners, trade groups, professional associations and other business advertising and marketing groups. Our mission is to recognize the small business community’s contributions to the U.S. economy.