The Coronado Park Senior Village building is the centerpiece of the Coronado Park development as it takes shape on Friday, January 17, 2014, in Eagle River.

ERIK HILL Anchorage Daily News Buy Photo

WHAT: Coronado Park Senior Village, or CPSV, is a place for seniors, aged 55 and older, who raised their families and made their lives in Eagle River and nearby communities and who want to live independently, close to family and friends, in a way that is affordable to people living on a fixed income.

CPSV will consist of a four-story 56-unit apartment building. There will be a mix of one- and two-bedroom apartments, all of which will be fully accessible and will include sight and sound equipment. The building is designed to meet the 5 Star Plus energy rating and will have the largest alternative energy system in a residential building in Alaska, comprised of an array of solar thermal systems, providing more than 50 percent of the energy needed for domestic hot water. There will be a mix of underground parking and surface parking.

The design and plan of CPSV takes into consideration the Eagle River Central Business Revitalization Plan and the Chugiak-Eagle River Comprehensive Plan Update. The development locates new housing within walking distance of downtown Eagle River businesses and services.

CPSV will accommodate residents with a mix of incomes, from market-rate units to units for residents with incomes equal to 60 percent of Area Median Income (AMI), as set by the U.S. Department of Housing and Urban Development (HUD).

WHERE: 16820 Coronado Road, Eagle River

COST: $16.6 million

DESIGN/ARCHITECT: kpb architects

GENERAL CONTRACTOR:Neeser Construction, Inc.

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Building Anchorage: Coronado Park Senior Village

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