Ground Broken at 2938 North Allesandro Street, in Frogtown

2938 North Allesandro Street. Rendering by Arc Artel Architecture.2938 North Allesandro Street. Rendering by Arc Artel Architecture.

Ground has been broken at 2938 North Allesandro Street, in Frogtown. JB Contractors are assigned to the large project. The site is the first of four lots, that will each have a separate building, all of which have been financed by Parkview Financial, which provided a $37.3 million construction loan.

2938 North Allesandro Street. Photo by Stefany Hedman.

2938 North Allesandro Street. Photo by Stefany Hedman.

The lots are non-contiguous and total 2.33 acres. When completed, the sites will provide a total of 112 additional apartments to the area, with a mix of one-, two-, and three-bedroom units. Some of the units will be joint living and working quarters. A few of the units will qualify as very low-income housing. The ground floors will offer retail space. The sites will have 108,400 square feet of rentable space overall.

2938 North Allesandro Street. Rendering by Arc Artel Architecture.

2938 North Allesandro Street. Rendering by Arc Artel Architecture.

The units will feature granite countertops and private balconies. Additional amenities for each building include an observation deck, and river and bike path access. There will be surface-level parking. Plans for the first building offer 3 compact, 4 disabled, and 30 standard parking stalls, as well as 35 long-term and 6 short-term bicycle parking spaces for the 32 apartments inside.

2938 North Allesandro Street. Rendering by Arc Artel Architecture.

2938 North Allesandro Street. Rendering by Arc Artel Architecture.

Arc Artel Architecture is designing the buildings. Renderings depict modern designs with industrial finishes. Constructed is expected to wrap up on all the buildings in the third quarter of 2022.

2938 North Allesandro Street. Rendering by Arc Artel Architecture.

2938 North Allesandro Street. Rendering by Arc Artel Architecture.

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