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Location: 118 N Water St, Lancaster, PA
Landis Communities and a Pittsburgh developer will convert a city warehouse into 36 loft apartments for active adults age 55 and up.
The project, announced today, will redevelop the former Radel & Stauffer building at 118 N. Water St., on the corner of West Marion Street.
Costing more than $8 million, Steeple View Lofts is set to open in spring 2013.
Landis Communities is the umbrella organization that operates Landis Homes Retirement Community on East Oregon Road.
Its partner is Zamagias Properties, which will buy and renovate the historic building, then lease the apartments to Landis Communities. Landis Communities, in turn, will re-lease the apartments at about $1,000 to $1,500 per month apiece, plus electric. “This will be a great living option for active adults who enjoy a great walkable city,” said Larry Zook, president and chief executive officer of Landis Communities.
Shortbread Lofts is a proposed mixed-use, 7-story apartment complex that will be built at 333 W. Rosemary St. in Chapel Hill, NC
About 85 apartments and 121 parking spaces are planned, as well as roughly 6,500 square feet of retail space on the ground floor.
The complex will also have a recreation area on the roof for residents that will include an outdoor track and community gardens.
371 Madison Street
New York, New York
Prices for the 110 apartments, for example, start at $542,000.
The Madison Jackson building located at 371 Madison Street captures the essence of luxury downtown living. We will offer a bevy of services to our residents. Our schedule of services will include a 24-hour doorman, concierge, 24-hour vegetarian organic room service, organic laundry, and alteration services.
Residential owners will also enjoy the option of membership in the private Madison Jackson Club on the building’s garden floor. Club amenities include: A heated pool, spinning room, yoga, cranial sacral therapy, and nutritional counseling.
Our early 20th Century classical residences are just a few blocks away from one of the city’s most vibrant and exciting neighborhoods.
Developers Eddie Vanston and Tom Reynolds are close to beginning a $4.5 million renovation of a historic warehouse on the near south side into residential lofts, a project they’ve planned for 2 1/2 years.
We posted about Fat City Lofts a few weeks ago about a new exciting project proposed for San Diego.
On Wed. the project went to a vote because another business (Solar Turbines) was proposed for the use of the same space.
The Center City Development Corp. board, which advises the city on redevelopment issues downtown, voted 4-2 in favor of Solar with three abstentions.
Director Laurie Black, one of the two supporters of the project, announced her resignation Thursday in response. The other vote came from architect Manuel Oncina, who did not quit.
Jonathan Segal, the project architect and a partner with the developer GLJ Partners of the 232-unit apartment project opposite Solar’s site on Pacific Highway, said Thursday his team was daunted by the vote.
“I feel like we’ve been mistreated by all parties,” Segal said, but noted that the Planning Commission will have the final say. “The Planning Commission is nonpolitical. I think we will get a fair shake.”
The president of CCDC will have the final say on how the land will be used.
This should be an interesting mini Loft Project. The Arcade is the country’s first indoor shopping mall. On Wednesday, developers announced that it’s being transformed into a mix of retail shops, restaurants and lofts.
The ground level of the 180-year old building will hold three restaurants and a dozen new shops. The top two floors will become home to 48 micro-lofts, mostly studio spaces with an average of 250 square feet.
The Arcade was built in 1828 and is a National Historic Landmark. The building closed in 2008 because of the poor economy.
A former tobacco warehouse in downtown Winston-Salem will soon be home to 86 new loft style apartments. Winston Factory Lofts, home to 85 apartments on Main and Sixth streets, bought the building next door and will begin renovating it in February.
The new building will house 86 loft style apartments and include other amenities such as its own movie theater, a large gym, a gaming room and a rooftop deck.
The new apartments will open in summer 2013.
Luxe Lofts is the second stalled condominium project in Las Vegas to be resurrected in the past year, with model units expected to be completed by the end of January and sales starting in February.
Patrick Humes and David Thurman of Los Angeles-based BondRok Partners bought the unfinished 83-unit luxury condo project in May for $6.75 million and renamed it The Modern.
The bank-owned project at 8925 W. Flamingo Road, once valued at $38 million, was listed for sale in March for $10 million, or about $120,000 a unit. Cost to build was $540,000 a unit, on average.
Five floor plans range from 1,135 square feet for one-bedroom, two-bath units to 2,700 square feet for three bedrooms and three baths. Pricing runs from $198,000 to $417,000, compared with prices starting in the high $400,000s when the project was announced in 2006.
The city Urban Redevelopment Authority board Thursday approved $900,000 in financing for a 34-unit apartment building on Harrison Street in Lawrenceville.
The Locomotive Lofts will be developed from a renovation and expansion of a four-story vacant building that was a nursing home until 10 years ago. Previously, it was a property of HK Porter, a company that made compressed air locomotives.
Locomotive Development proposes doubling the size of the 20,000-square-foot building into one- and two-bedroom apartments to rent at a market rate of $1,115 and $1,860.
Liberty Market Lofts takes a unique approach to living. You are offered a carefree lifestyle to live in a loft with stylish finishes and studio space. Amenities including an onsite laundry facility, indoor basketball court and dog washing station make the downtown Toronto lofts truly unique. Young professionals will thrive in the busy neighbourhood, surrounded by admired attractions of chic Toronto living.
http://www.libertymarketlofts.ca/
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