MacStruction

The developer that did such a wonderful job on my new condo building (insert sarcasm), which I've dubbed the building where everything gets done twice (see blog post), has been approved by the city commission to start a new project on The Plaza at 46th & Jefferson.

"...a nine-story, 214-unit senior apartment building and a 12-story, 216-room hotel. The 46 Summit project is planned for the southwest corner of 46th and Jefferson streets."

Currently, there are some of those U-G-L-Y brick, rectangular apartment buildings on that site... maybe if the current residents in those apartments wait it out, they will be able to purchase a unit in my building (there are still 40 of 42 available). :)

Before you think just any cutesy grandma will be getting her mitts on some Plaza real estate, the article alludes to the projected rent prices:

"The rents will be premier as well. According to a report by city staff, a one-bedroom independent living unit would be $4,100 per month and $6,990 for a three-bedroom. Assisted-living units would be $4,475 per month for a one-bedroom and $6,000 for a two-bedroom, meals included. A memory care studio would cost $5,000 per month, meals included."

Good gravy!