With several projects underway and more planned over the next few years, Bankers Hill has become a hotspot for new residential construction. Returning once again from a long hiatus, we checked up on a few new buildings in the neighborhood.
Construction began more than a year ago on Vue on 5th, the seven-story condo building going up at Fifth and Nutmeg. We’re only just now realizing how massive it is, as work finally nears completion.
We’re still not sold on the bland design, but we’ll see how the exterior finishes turn out. Three commercial spaces are planned for the ground level, but we haven’t heard any word on early tenants.
Across the street at the former Mandarin House restaurant site, plans are moving forward for 41 West. Formerly known as The Regent on 5th, The 10-story building will feature 41 two-bedroom condos. A teaser sign around the property asks, “Will you be one of 41?”
Plans call for a modern design consisting of glass, painted concrete, and metal. After initial feedback from Uptown Planners, the project was revised to move its 75 parking spaces underground. It previously also included no retail space, but will now include a small, 1,400-foot commercial space on the corner.
A few blocks north, a crane is now up for what will become The Park at Bankers Hill. This is the site of the old Sixth Avenue Medical Center, which was demolished over the summer to make way for the ultra-luxury condo building. The project includes a 13-story tower, along with a set of townhomes along Sixth Avenue.
The folks behind this one have made it clear that this building won’t be for just anyone. Units will start at $1.5 million. You can check out all the floorplans on their website, but what’s even more interesting is the timelapse footage of the construction.
Finally, construction continues on the 49-unit Fourth Avenue Lofts building at Fourth and Palm. The project is the latest from Lloyd Russel, the developer responsible for other area projects like Centre Street Lofts in Hillcrest and Essex Lofts in Little Italy. Four commercial spaces are planned for the ground level.