![]() ![]() 6, according to The Daily News Online, The project - the first units of which could be ready as early as July - includes condos ranging from around 1,300 square feet to 2,700 square feet, currently priced between $260,000 and $650,000.Ī California group, AJW Investments, is the investor behind the project. A $6.3 million building permit for The Nettleton condos was filed Dec. "They overlap a little bit in price, but not much."Ĭonstruction costs. "And very few of those projects are exactly the same," Jefferson said. That includes The Nettleton, and more than 700 new units will be brought to the market eventually. It's also part of a demand for residential space that's dramatically transforming warehouses and other unused properties Downtown, where there are 2,287 condo units in various stages of development, according to the CCC's Downtown Condo Report.Īs of October 3, there were 15 condo projects in the planning stage. The conversion project - which had at first been called the Wiggly Lofts - is part of $108 million in development that's now taking place in the South Main Arts District, based on figures from the Center City Commission. That includes amenities like the arched windows, columns, and hardwood floors present in most of the units in The Nettleton. "Anybody can come down here and find what they want." "And I think that's really good for the market and for everybody involved," said Jefferson, who's handling sales at The Nettleton along with Carolina Capote from Hobson Co. The result will be yet another new condo property that includes the features most Downtown buyers always look for, as well as enough traits that make it entirely unique. The bus tour showed him a condo market that has something for everyone, and the Nettleton's 72,000-square-foot hulking warehouse shell - with grand columns on the interior that stretch from the basement to the third floor - is being transformed into an especially unique "something." With company literature promising magnificent views, a rooftop terrace and historic charm, Jefferson said The Nettleton's upscale units should fit in well Downtown. headquarters into a $13 million, 34-unit condominium project called The Nettleton at 435 S. ![]() Realtors toured Downtown to get an up-close look at what's become a sizzling residential market.įor Realtor associate Randy Jefferson, the trip boosted his optimism about one of the newer properties he's handling: the conversion of the former Piggly Wiggly Corp. Last month, a busload of real estate agents from Hobson Co. Photograph Courtesy Of The Nashoba Group ![]() on Front Street is one of many Downtown buildings being converted to condominiums and other types of residential property. SNAPSHOT IN TIME: Built in 1915, Piggy Wiggly Corp. ![]()
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