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.