After presenting its initial plans to the East Hills Council of Neighbors meeting last Tuesday, Orion Real Estate Solutions (ORES) - part of the larger Orion Construction Co.
- is reworking plans for a proposed development at 1059 Wealthy St. SE.
Plans for the site would include demolition of the existing structure and the addition of 24,000 square feet of new construction along Wealthy St. SE -- two new structures by ORES and another by the building owner and partner on the project, Green Cane Properties.
At 8,00 square feet each, ORES is working with Concept Design
to create the designs for a pair of two-story, multi-family apartment buildings while Green Cane Properties is charged with construction on a new, three-story, 7,000-square-foot building with its first floor dedicated to retail, its second to commercial office use and its third to seven new apartment units.
Representatives from ORES, Concept Design and Green Cane Properties presented initial plans to East Hills Council of Neighbors
last Tuesday, and Orion Construction PR Coordinator Jason Wheeler says ORES and its partners are tweaking existing project plans to accommodate some of the feedback they received.
"The feedback was valuable and the team is evolving the design to meet neighborhood considerations," Wheeler says. "We look forward to delivering an updated design to the neighborhood council next month that reflects their feedback to the initial concept.”
New designs will be presented to the EHCN on Feb. 2. and if approved, construction would begin in the summer and wrap up in the spring of 2016.
Wheeler said ORES is pursing brownfield and state incentives for new construction at 1059 Wealthy Street, as well as for another new development the construction company has early plans for called One Carlton. Located near Aquinas College, construction on that 55,000-square-foot, 44-unit apartment complex would total around $7.4 million.
Plans for the lot at 1 Carlton Avenue include splitting the 7,000 square feet of ground floor between a retail and restaurant space while floors two through four would become 44 one- or two-bedroom apartments. Wheeler says this space will also have about 78 on-site parking spaces.
Wheeler says One Carlton is still in its very earliest stages of development, but can confirm ORES has entered a purchase agreement with F & C Building Co., which owns the property, and is seeking to close sometime next month before submitting any formal proposals or renderings to the EHCN.
One Carlton is slated for the same summer start date and would wrap up the following summer in 2016.
Written by Anya Zentmeyer, Development News Editor
Images courtesy of Green Cane Properties