712 Tucker, discussed here, has now become ‘The Lofts at Glenwood South’. I had forgotten about this project so I went out last night to see the situation for myself. There is a reason this project has been quiet; nothing has been built. The old warehouse that stood in this spot, unused, has been demolished and cleared out, shown in the pic posted. My realtor mentioned that the developer here had some money problems and it has stalled The Lofts’ construction. Will it ever be built? Who knows. I thought it was a great idea to bring rental units to downtown, especially two blocks away from Glenwood South.
With the Peace Street Streetscape Project being done just down the street, this empty lot will slowly become more valuable. Perhaps someone will step in and build taller.
Similar Posts:
- The Tucker Construction Update | September 13, 2009
- The Tucker Now Open | October 28, 2024
- The Tucker, One Year Ago | January 13, 2010
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I thought it was a brilliant move when they announced they’d switch from condos to apartments. Everyone knows there’s a shortage of good apartments in downtown. Too bad it looks like nothing is being done. I really think they’d have a good market for these units.
Looking to shell out a quarter-million dollars for a small condo? Plenty of options throughout downtown! Want to rent a modest yet nice apartment downtown? Very few options! It’s a no-brainer if you ask me.
I imagine many of those quarter million dollar condos will be rental properties.