Located on the southwest corner of North Avenue and Larrabee Street, Former Father and Son Plaza Site gets a new 261-unit building in place of it. CA Ventures and White Oak Realty Partners received permission to start demolition and begin developing Old Town apartment building. The site was once home to businesses such as Chase Bank and Marcello’s.
The 11-story complex, consists of 261 apartment units, and will include a level dedicated to residential amenities, outdoor pool, 30,000 square feet of retail space, and parking garage for 183-vehicles. The project will cost around $126 million. $2.37 million of that money goes to Affordable Housing Opportunity Fund.
As more information become available as the project progresses, we’ll continue to keep you updated.