More housing development is in the pipeline. Clise Properties is planning two high-rise towers with about 900-units. The address is 2301 7th Avenue between Bell and Battery streets in the Denny Triangle neighborhood.
Clise has not yet indicated if the towers will be apartments or condominiums, however based on current trends, rumor is they are leaning towards apartments.
Brian O’Connor, principal with O’Connor Consulting Group, told the DCJIt’s pretty much all apartments (being built downtown). Condos are so few and far between that they’re insignificant. That’s because apartments make more money than condos … with less risk. And that there are 43 high-rise apartment projects in the pipeline for downtown: two were just completed, five are under construction and the others are proposed.
Map image: DJC
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