1. Chestnut Tower renamed Skyview Downtown as owners prepare to renovate troubled Springfield apartment complex

    Chestnut Tower renamed Skyview Downtown as owners prepare to renovate troubled Springfield apartment complex

    Goodbye Chestnut Tower, hello Skyview Downtown. Related Companies, owners of Springfield’s beleaguered 489-unit Chestnut Tower high rise apartment complex, have changed its name to Skyview Downtown just before construction begins on $50 million worth of top-to-bottom renovations. The name started appearing last month in ads soliciting tenants for 1-, 2-, or 3-bedroom affordable housing apartments at 43-year-old complex near Springfield’s downtown. Prospective tenants will enter a lottery for apartments as they become available and must earn between $33,900 and $79,650 a year, according to the ad.

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