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9/12/2018 10:38:00 AM
Anderson YMCA building sold to senior living company
Exterior of the Anderson YMCA in September 2018. Staff photo by Jennifer Goldsmith
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Exterior of the Anderson YMCA in September 2018. Staff photo by Jennifer Goldsmith

Ken de la Bastide, Herald Bulletin City and County Government Reporter

ANDERSON — After 102 years at Jackson and 12th streets in downtown Anderson, the YMCA has sold its building to Episcopal Retirement Services.

Mark Springer, chief executive officer of the YMCA of Madison County, confirmed Tuesday the recent sale of the building, which includes the adjacent swimming pool.

Springer said the YMCA will lease its current space in the building for the next five years. 

He would not comment on the sale price.

Episcopal Retirement Services officials did not return telephone calls seeking comment.

The Cincinnati company opened senior apartments on the upper three floors of the downtown building in 2014.

“This is a part of our five-year strategic plan,” Springer said. “The properties committee of the board of directors has conducted a marketing study and is determining the next best step.”

Springer said the YMCA facility no longer fits the needs of the organization as determined by a recent needs assessment study.

“The Anderson building has some history,” he said. “This is exciting for the YMCA in the future.”

He said the properties committee is researching possible community partners for a new location in Anderson.

“The YMCA will continue to serve the Anderson community,” Springer said. “We have seen significant growth in our youth and adult programs.”

He said the before and after school programs have been expanded to include the Anderson, Anderson Preparatory Academy, Alexandria and Holy Cross schools. 

Springer said the YMCA provides services to all of Madison County through facilities in Anderson, Elwood and Pendleton.

He said the YMCA is starting a $140,000 campaign on Oct. 1 to raise funds for its scholarship program to help cover costs for participants who need financial assistance.

The YMCA closed its pool in 2016 and, at the time, owed more than $60,000 in unpaid utility bills to the city.

A $5.5 million capital campaign started in 2007 to remodel the existing building, which included new locker rooms and changes to the entrance. Those changes were completed in 2009.

ERS invested $5.9 million on the upper three floors of the building in 2013 and 2014 for 30 senior living apartments at the facility known as Parkview Apartments.

The project received $343,419 in tax credits from the Indiana Housing and Community Development Authority and a $300,000 grant from the Federal Home Loan Bank of Cincinnati.

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