University Flats: Difference between revisions

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In June [[2008]] Cohen told the [[Glen Iris Neighborhood Association]] that work would resume on a pared-down version of the original project. In [[2011]] the project was again publicized with an $11.5 million price tag.
In June [[2008]] Cohen told the [[Glen Iris Neighborhood Association]] that work would resume on a pared-down version of the original project. In [[2011]] the project was again publicized with an $11.5 million price tag.


In July [[2013]] the concrete piles were demolished and the site cleared for construction of a redesigned $6.6 million University Flats apartment complex. [[Hoar Construction]] was the general contractor with completion expected in [[2014]].
In July [[2013]] the concrete piles were demolished and the site cleared for construction of a redesigned $6.6 million University Flats apartment complex. [[Hoar Construction]] was the general contractor. They used partially-prefabricated light-gauge steel framed walls. The project was completed in [[2014]].
 
In March [[2023]] ABR Capital Partners of Baltimore, Maryland sold the property to Highland Real Estate Capital for $10.2 million.


==See also==
==See also==
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* "Construction set to start on Glen Iris condos". (November 2, 2006) {{BN}}
* "Construction set to start on Glen Iris condos". (November 2, 2006) {{BN}}
* Poe, Ryan (July 30, 2013) "Plans revived for $7M apartment complex near UAB." {{BBJ}}
* Poe, Ryan (July 30, 2013) "Plans revived for $7M apartment complex near UAB." {{BBJ}}
* Parker, Illyshia (April 13, 2023) "Highland Real Estate Capital makes $10M apartment acquisition." {{BBJ}}


[[Category:Apartment buildings]]
[[Category:Apartment buildings]]

Latest revision as of 17:34, 14 April 2023

University Flats is a four-story, 60-unit, 80,522-square-foot apartment complex under development by Jim O'Brien and Adam Cohen at 1101 10th Avenue South in Glen Iris. The 1- and 2-bedroom units are marketed primarily to UAB graduate students.

The project was announced in November 2006 as the "Gables at Glen Iris" a 52-unit, $15 million condominium building. That project was designed by Rob Walker Architects and building work was started by Jones-Williams Construction. Construction was stopped, however, shortly after foundation work was completed, leaving a "forest" of concrete piles exposed on the site.

In June 2008 Cohen told the Glen Iris Neighborhood Association that work would resume on a pared-down version of the original project. In 2011 the project was again publicized with an $11.5 million price tag.

In July 2013 the concrete piles were demolished and the site cleared for construction of a redesigned $6.6 million University Flats apartment complex. Hoar Construction was the general contractor. They used partially-prefabricated light-gauge steel framed walls. The project was completed in 2014.

In March 2023 ABR Capital Partners of Baltimore, Maryland sold the property to Highland Real Estate Capital for $10.2 million.

See also

References