GREENSBORO — The highly anticipated Bailey Village, a 172-unit apartment complex on East Market Street, officially opens to much fanfare this morning.
Local dignitaries and leaders of the United House of Prayer for All will celebrate much-needed apartments in an area of town struggling to attract new investment.
“This is one of the biggest private investments we’ve had in Greensboro in a long time,” Mayor Nancy Vaughan said Thursday via text message. “These are beautiful apartments at market price that provide amenities that NC A&T was looking for.”
The gated complex comprises four buildings housing 42 one-bedroom units, 124 two-bedroom units and six three-bedroom units. Rents range from $1,000 to $1,700 and each apartment has its own balcony.
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The average rent for a one-bedroom apartment in Greensboro is $1,100, according to Zumper.com.
The three-story purple and slate gray buildings are constructed of steel and concrete. The resort includes a 382-square-foot fitness center, two dog parks, and several units are handicap-accessible and equipped.
Church elder Lodriguez Murray said Thursday the development was aimed at attracting young professionals and faculty from NC A&T and Bennet College. He declined to say how much the development cost.
Phil Barnhill, executive vice president of East Greensboro Now, said the project is bringing quality apartments to the area.
“It’s a challenge for our city as a whole, the need for more housing units,” Barnhill said. “And just the excitement of such a big investment in East Greensboro is a good thing because it serves as a catalyst for future development in that part of town.”
Under the leadership of the late Bishop SC Madison, the United House of Prayer purchased the property at East Market and South Dudley streets in 2005. A U.S. Postal Service processing center on the 13-acre site was demolished, but the property sat vacant for over a decade.
Murray said Bishop CM Bailey has traveled to Greensboro several times to observe the needs of the community and pray about how best to invest in the land. Bailey also met with community stakeholders about the project.
“It’s been about finding the right concept for this community and its unique needs,” Murray said. “This part of Greensboro is conveniently located between the two HBCUs (NC A&T and Bennett College). … What the House of Prayer wanted to do is respond in a unique way to the needs of this community and our congregants,” he said.
“Others created their own committees and put their plans in the media,” Bailey said in a church press release, “but the House of Prayer moved in God’s time. My prayer is that the Bailey Village will be a place of rest, relaxation and something Greensboro can be proud of.
United House of Prayer, which has a church just across Dudley Street, is based in Washington, DC, and has 137 congregations nationwide. Founded in 1919, the non-denominational Christian church has built similar projects in other cities.
“The United House of Prayer has always had this thought process that in addition to nurturing the soul, the body should be taken care of, and that includes accommodation,” Murray said.
The apartment complex, which encompasses 55% of the site, is only the first phase of the project. The second phase is a planned commercial development for the parcel along Dudley Street.
“We’re still looking for the right partner, but we don’t think it will take much longer,” Murray said.
The area is considered a food desert and Murry said a grocery store had expressed interest in the site, although he did not give details.
“It is important for the church to invest in the region where it is located. It’s our community,” Murray said. “Members can look back with pride and see exactly where their hard work has gone.”
Contact Kenwyn Caranna at 336-373-7082.