520 Park Courtyard with former column as a sculpture (photo: ArchPlan) |
The building is not only 100% leased now and construction of a market style retail component on the ground floor underway, the developers even decided to embark on another project right next door on the vacant lot used for parking that sits very visibly at the corner of Park Avenue and Franklin Street.
the proposed corner development at Park and Franklin looking south on Park Avenue towards Franklin Street |
With retail at this corner and another 150 apartments the area just west of the famous Basilika of the Assumption and the Pratt Library will get a big facelift which should help to get developers interested in the area immediately to the south across Franklin Street, one of the most dilapidated blocks on the downtown Westside. BDC just recently chose Murphy Dittenhafer's design concept to solicit developer proposals for that block.
The Murphy Dittenhafer proposal seen from the northeast (Franklin Street in the front) |
Meanwhile, Ted Rouse's theater proposal is in the stage of a land disposition agreement for the 400 block of North Howard Street (just west of the block mentioned above),
412 N. Howard Street to be converted into a theater incubator by Ted Rouse |
Liberty and Clay Street development. Design: Fillat Architects |
Klaus Philipsen, FAIA
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