Check out this new rendering of the $33 million Cosmopolitan on the Canal project. Locally based Flaherty & Collins Properties is building on a site bordered by the canal, Senate Avenue, Michigan Street and North Street. Plans call for 218 apartments, 18,000 square feet of retail space and a 338-space parking garage. You can see the planned coffee shop at right. Other targeted retail users include a restaurant and drycleaner.