The project, as proposed, would include 15 apartments in a four-story building, as well as a half-dozen units divided among three townhouses. Some 3,000 sf of commercial space is also proposed, although it will likely be turned over for non-profit use rather than be used as ground-floor retail that would compete with an adjacent strip shopping center. Built back in 1999 and conceived as a redevelopment engine for the area, the Neighborhood Development Corp.-managed shopping center is currently struggling with the loss of its supermarket anchor and other tenants.
City officials say they expect to give full approval to Goldman Sachs' project, which would be built on a half-dozen Redevelopment Agency-owned lots, by the end of this month. The apartments are expected to be ready for occupancy by the middle of 2004.
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