LOCATION: Southeast corner of W. Troy and Allen Street (currently there is street level parking at this location)
START DATE: January 28, 2019
LENGTH OF CONSTRUCTION: Estimated to be about 15 months after groundbreaking (ending around May 2020)
HEIGHT: 50 feet (69 feet once 2 stories of offices are built on top which may be developed at a future date)
PARKING SPACES: 400*
RETAIL SPACE: Approximately 11,500 sq. ft.
OFFICE SPACE: Approximately 20,000 sq. ft.
RESIDENTIAL SPACE: Approximately 24 units @ 500 sq. ft. each
COST: Estimated to be $28 million
STREET CLOSURES: West Troy Street (only the part of the street directly in north of the project running from Allen Street to the east to approximately the area immediately south of Anti-Hero/GreenSpace Cafe)
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*Presently there are 138 parking spaces on the West Troy Street surface lot. The proposed structure would increase that number approximately 400 parking spaces. Estimates indicate that 46 spaces would be needed to accommodate future proposed retail on the first floor, 24 spaces for the proposed residential units, and 106 for the proposed offices for a total of 176 parking spaces, leaving a little over 220 additional parking spaces available at all times. Office users would typically leave around 5pm, freeing up those spaces for evening and weekend use by existing local businesses.