Scheduled for initial occupancy in late 2001, the entirebuilding will be completed in the summer of 2002. The project willhave one and two-bedroom units and lofts.
Although rental rates have not been established, it is likelythey will be among the highest in the downtown and Midtown markets.Post apartments for similar units are running at more than $1.50psf. Since the purchase and renovation of the Biltmore, theonce-run-down section of Midtown has become a hotbed of majorupscale office and residential developments.
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