Essex Builders Corp. has completed construction of Elm Place in Cambridge, a 25,000 square-foot, four-story building which includes 19 affordable apartments and retail space.

The design by VMY Vitols Architects includes a 24 kilowatt solar power plant, and is expected to be awarded a LEED Gold designation. Leases have already been signed for 15 apartments with the remaining four close to being finalized. A ribbon cutting ceremony is scheduled for tomorrow.

The Just-A-Start nonprofit program continues to flourish, providing affordable housing solutions to Cambridge residents and surrounding communities, according to a statement. Elm Place brings its completed project totals to: 561 rental apartments and 120 condominiums with financing specifically structured for first-time homebuyers.

"The current economic climate underscores the importance of seeking competitive construction services," said David O’Neil, president of Westwood’s Essex Builders. "We are proud of our history of repeat business with Just-A-Start, but it’s not something we take for granted. I attribute this record to our conscientious commitment to efficient construction practices and aggressive budget management. Just-A-Start’s projects truly enrich the communities they serve and it really is a privilege to be included in the process."