There is also a fee-in-lieu offer for 125,055 square fee, which calculates to a $518,790 contribution to the city’s Neighborhood Housing and Community Development Department for affordable housing elsewhere.
48 East also complies with the Great Streets program. A panel comprised of STG Design and DWG, the architects, described the project at a Jan. 23 hearing.
Located in the Rainey District, the project site is presently occupied by surface parking and a three story office building that will be demolished, said Jim Stephenson of STG Design. The project will meet the city’s 2-Star Green Building rating, but is pursuing a 3-Star rating, although Stephenson said certain issues limiting the project may prevent that. One limitation he cited as an example is the site is not serviced for rail (not transit-oriented).
The design provide for nine stories of parking, ground floor retail, amenity decks at the 10th and 33rd floors, and 20 levels of apartment living. The 10th floor with have a dog park and other landscaping, and the 33rd floor (top floor) has a landscaped sky deck with a pool.
There will be a total of 244 residential units and 280 parking spaces.
However, the numbers discussed last week differ from the numbers on the November 2016 site plan prepared by KBGE Engineering, (Kimbell Bruehl Garcia Estes). That documented has a total building height of 338 feet, gross floor area of 267,750, a total of 250 living units, and 316 parking spaces.