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3CDC 2012 FY Development Plan
1. OTR FY 2012
Development Plan
• Mercer Commons
• Paint Building
• Gateway Quarter Phase V:
•15th & Republic
• Parvis II
• Bakery Lofts
• 13th & Republic
• Nicolay
• 1401 Elm
• Westfalen II
• Park Haus
• 15th and Race Church
7. PA I N T B U I L D I N G
1400 Vine Street
• Project Cost: $4.1 million
• 3,680 SF restaurant space
• 6,000 SF office space
8. OTR PHASE V:
• Total Development Cost-
$23M
• 21 vacant buildings to
be redeveloped
• 98 residential units
• 8,500 SF street level
commercial space
• Projects:
15th & Republic 1401 Elm
Parvis II Westfalen II
Bakery Lofts Park Haus
13th & Republic 15th and Race
Nicolay (Church)
9. 1 5 TH & R E P U B L I C
13 W 15th,1427, 1428 & 1437 Republic
• Project Cost: $4.3 million
• 5 for-sale units, 17 rentals units
10. PA R V I S I I
1406 and 1412 Republic Street
• Project Cost: $2.7 million
• 12,300 Gross SF
• 1,130 SF of commercial space
• 12 rentals units
11. B A K E RY LO F T S
1421 – 23 Race St.
• Project Cost: $2.3 million
• 10,402 Gross SF
• 9 for sale units
12. 1 3 TH & R E P U B L I C
18-20 W 13th Street,1307 Republic
• Project cost: $2.7 million
• 12,600 Gross SF
• 9 for sale units
• 1,065 SF of commercial space
13. N I C O L AY
1401 Republic Street
• Project Cost: $2.4 million
• 13,293 Gross SF
• 10 for-sale units
• 1 commercial unit
• 1,035 SF of commercial space
14. 1401 ELM
1401 Elm
• Project Cost: $1.5 million
• 7,290 Gross SF
• 1000 SF commercial space
• 4 for-sale units
15. W E S T FA L E N LO F T S I I
1426-1438 Race Street
• Project Cost: $6.7 million
• 32,798 Gross SF
• 30 for-sale units
• 4,000 SF of commercial space
16. PA R K H AU S
Scattered Sites
• Project Cost: $2.3 million
predevelopment
• 9 for-sale single-family homes