Gorman Assumes Property Management for Fairgrounds Valley

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Gorman & Company has assumed on-site property management for Fairgrounds Valley.

The management transition is an element in a five-year partnership between Gorman and Rockford Housing Authority to replace and revise 1,100 existing units of public housing at scattered sites. The five-year plan is designed to improve the overall quality of housing opportunities in Rockford.

A key component of the plan is to decentralize and replace 210 distressed and segregated housing units that are currently located a Fairgrounds Valley over three stages – Gorman’s 49-unit townhome development being constructed on South New Towne is the first phase of that intiative.

Gorman will work with RHA to help current residents define and select the best housing option for their needs and qualifications as the Fairgrounds redevelopment evolves.

Fairgrounds Valley is a 210-unit public housing development.

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