The project, planned by the Washington-based Holland Partner Group, would replace a .8-acre parking lot at the intersection of 8th and Spring Streets with a modern 24-story building. According to documents filed with the City, the proposed tower would contain 320 studio, one- and two-bedroom apartments above as much as 25,000 square feet of ground-floor commercial space. The project would also include a total of 726 parking spaces, situated on three below-grade and four above-grade levels. Approximately 300 spaces would be reserved for use by residents of the adjacent Chapman Loft Building, which would be linked to the garage via a below-grade pedestrian access tunnel.
Like many of Downtown's upcoming developments, 8th and Spring calls for a wide array of residential amenities. Site plans from landscape architecture firm Melendrez indicate that offerings would include a fitness room and an outdoor pool and spa deck.
Designs from architecture firm MVE & Partners call for the building to rise 240 feet above grade, featuring 19 levels of multi-family housing above podium levels consisting of parking and ground-level retail uses. Parking uses would be located indoors, and concealed from view through the use of architectural elements. Building elevations indicate that the tower would utilize a variety of exterior materials, including glass and fiberglass-reinforced concrete.
Construction of the 8th and Spring Project is expected to occur over approximately 30 months, with completion expected during 2018. Holland Partner Group will require multiple discretionary approvals from the City prior to beginning work on the tower, including a transfer of floor area rights and a site plan review.
The project is the latest in a recent wave of high-rise developments planned for the Historic Core, following similar residential towers proposed by landowners such as Barry Shy, Izek Shomof and Joseph Hellen.