INDIANAPOLIS (February 6, 2025) – The Annex Group®, a leading impact housing developer that creates affordable, workforce, student and market-rate housing communities, today announces its accomplishments and accolades after a busy year of expansion. Among its top accomplishments, the Annex Group hosted more groundbreaking and ribbon cutting ceremonies than ever before in 2024.
In 2024, The Annex Group announced plans for seven new communities:
- Union at the Marina, a new affordable housing community in Dubuque, Iowa
- Union at Bluffs Run, an affordable housing community in Council Bluffs, Iowa
- Union at A2, an affordable housing community in Ann Arbor, Michigan
- A new student housing community in a public-private partnership with the University of Memphis in Tennessee
- Union at Purple Heart Trail, an affordable housing community in Wichita, Kansas
- Union at River’s Edge, an affordable housing community in Des Moines, Iowa
- Central at South Haymarket, an affordable housing community in Lincoln, Nebraska
The company also completed construction on five new communities:
- Union at Middle Creek, an affordable housing community in Lincoln, Nebraska
- Union at Pacific Highway, an affordable housing community in Corvallis, Oregon
- Union at Oak Grove, an affordable housing community in Howell, Michigan
- Union at North Crossing, an affordable housing community in Waterloo, Iowa
- The Annex of Pullman, a student housing community in Pullman, Washington
“Each year we’ve been in business has been a little different than the one that precedes it, and no doubt next year will be different, as well,” said Kyle Bach, CEO of The Annex Group. “The most important thing is that our mission has stayed consistent, and our commitment to bringing housing to areas where it is most needed has, as well.”
In addition to these new developments, the company launched its Dream Manager Program, a program committed to assisting the company’s internal team and their families in reaching personal and career goals, which will host its first event later this month. The Annex Group ranked among the nation’s top multi-housing development firms on Multi-housing News’ 2024 Top Multifamily Development Firms list. It also added key industry talent to its team, including a Vice President of Property Management and Managing Partner, Public-Private Partnerships (P3), as well as numerous other hires and promotions. Additionally, The Annex Group began a partnership with Impact Housing Indiana, Corp. a non-profit that, through collaboration with communities and partners, provides resources to multifamily housing residents to live a more enriched life.
“We welcome 2025 with renewed energy for producing as much positive impact as possible,” said Tom Tomaszewski, President of The Annex Group. “This year we’ll expand into new areas, enter new markets and impact new lives, which is ultimately why we do this work. As a company, we also plan to hire more people and move into a new office space within a matter of months. We look forward to the challenges and opportunities that come our way this year.”
ABOUT THE ANNEX GROUP®
The Annex Group® is a leading impact housing developer that creates affordable, workforce, student and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.