Milhaus unveils second phase of Artistry project

November 12, 2013
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The developer of the $30 million Artistry apartment project is set to double its investment at the former Bank One Operations Center, by seeking city approval for a second phase.

artistry second phase
                              225pxMilhaus Development announced its plans Thursday for the $32 million expansion, as it prepares to welcome the first tenants to Artistry, at 451 E. Market St., later this month.

The first phase calls for 258 apartments and up to 68,000 square feet of first-floor commercial space. Construction will continue into the spring, with the building opening in sections.

Construction on the second phase of 242 units should start in May, pending city approval, and will take the total number of apartments at Artistry to 500.

The second phase is set to be built to the west of the existing structure and will feature two buildings, dubbed Mentor and Muse.

The design of the two buildings will complement the first phase, with the addition of some wood and metal to the outside of the structures, said David Leazenby, Milhaus’ vice president of development services. The architect is locally based CSO Architects Inc.

Rents range from about $800 to $1,800.

Residents will have access to a rooftop pool deck, two courtyards and a 3,000-square-foot wellness studio.
 

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  • Hope it works out
    I really hope this project and the Market Tower project come to fruition. The rents seem very reasonable and could maybe spur other development for the near east. I'm a fan.
  • Aluminum Siding
    Do hope the new addition utilizes material other than vertical aluminum panel accents. The first stage has brown/gray vertical panels of aluminum that already look rippled and very cheap.
  • Is this really done??
    The building looks cheap and unfinished with the current exterior finishes. I really hope it's not just a couple weeks from being finished. Of course, many of downtown's new developments look equally cheap and will probably be discolored soon
  • Retail
    I wonder if they will be doing first floor retail on these as well because if they do that would bring over 100,000 sf of retail including the 68,000 in the first phase. You might be able to get a City Target in there they only require 80,000-100,000 sf.
  • Not $800
    They gave the $800 range out for the first phase, too. However, the cheapest 450 sq ft studio ended up $895, and then they are charging $75 a month to park. I have to wonder what the market is for rents this high. I get it that young professionals and empty nesters are the focus, but wouldn't there be a finite number of those? Oh well, if they get the tenants, good for them!
  • Traffic.....
    They have done a horrible job with traffic on East Street for the Artistry construction. They didn't pay to close enough lanes so most morning have someone standing in one lane directing traffic.... VERY frustrating at 7:45 in the morning... I mean, seriously?????
  • Nick
    People have been paying that much or more for apartments just as small at Riley Towers for years! And I'm almost certain that the product being offered at Artistry is going to be much, much better.

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  1. The Walgreens did not get a lot of traffic. It was not located on the corner of the intersection, and not really visible from Emerson. Meanwhile the CVS there is huge and right on the corner. I am guessing a lot of people drove by a million times and never knew the Walgreens was there. Although, with the new Walmart market going in, that area could really see a lot of increase in traffic soon.

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