Developer closes on financing for North Port affordable housing project

Miami-based affordable housing developer McDowell Housing Partners recently closed on the financing for the second phase of its project Ekos at Arbor Park in North Port. The development will deliver 66 apartments for families earning at or below 70% of the area median income to south Sarasota County.

At 1511 W Price Blvd., Ekos at Arbor Park II will consist of a trio of three-story buildings. Apartments will range from one to three bedrooms and 644 to 1,206 square feet. Plans call for 36 one-bedroom, 21 two-bedroom and nine three-bedroom apartments.

The community will feature a playground, pet park and pet wash, bike parking and courtyard. Situated off West Price Boulevard near Toledo Blade Boulevard, Ekos at Arbor Park II will be close to grocery stores, restaurants, medical centers and recreational options, according to a statement.