Developed through a partnership between Heartland Properties Inc., and Burns and Burns L.C., Pine River Terrace is an affordable housing option for residents, age 62 or older. The two-story structure is located in the Wedgewood subdivision behind the White House restaurant. In addition to the 20 one-bedroom apartment homes, the new development offers a community room and kitchen, off street parking for all residents, and an on site management office. The building also features an elevator, bulk storage areas for each residential unit, and a limited access secured entry system. Each residential unit has individual air conditioners.
Heat is included in the monthly lease.
Pine River Terrace provides an affordable and convenient housing choice that will improve the quality of life in Richland Center. We hope that developments like the one planted here will also grow in communities across the Alliant Energy service territory - communities as forward thinking and committed to growth as Richland Center. Pine River Terrace was constructed with the independent senior in mind, however, the building and units are accessible for residents as they age. Based on the strong community support and need for senior housing, we designed a building that will accommodate the lifestyles of older adults for years to come. The United States Department of Agriculture Rural Development office located in Stevens Point, Wisconsin provided the majority of the permanent loan financing for Pine River Terrace.