The Admiral at the Lake
(Foster and Marine) is really taking shape. This photo is the view from Foster and Sheridan. We assume the entire concrete building will eventually be clad in brick, as the front is (inset). Word on the street is that residents will be moving in by
July, if all goes as planned.
This is going to look really sharp when completed/landscaped. If the Shan building were replaced this corner would be on it's way to something special.ReplyDelete
Is that the one across from MacDonalds that all the cab drivers live in? I feel terrible because they are such nice people AND good neighbors, but that building is an eyesore. You'd think someone would also buy up that plot of land underneath The Salvation Army living center at Lawrence/Marine. That's gotta be pretty valuable lake front real estate that a developer could make alot of money on another building similar in size to The New Admiral.ReplyDelete
Is this just a market rate senior housing building?ReplyDelete
Sharp looking building. Alek is right, that Shan building is pretty ugly. Alas...ReplyDelete
Yes it is market rate.ReplyDelete
And i meant Khan not Shan. And cab drivers aside, i know a few of the regular Argyle St dealers live there as well.
I'm disappointed that the upper portion appears to be getting a paint job instead of cladding. I wonder if this was always the plan or if the developers ran out of money; there's a ledge where the masonry on the lower portion ends, and they're having to fill and patch the holes and broken portions of the concrete panels before they paint. I would have expected a better quality facade in a "luxury" building.ReplyDelete
Yes, Daniel, it's a very nice market-rate retirement community. It's existed since the 1850s and has been at that location since 1920, but is now rebuilding due to lack of space in the original building. It was delayed for a couple years due to the economy and the massive construction project at Dominick's across the street, but now looks to open in October. According to the owners, deposits have been placed on 75% of the units. You can read UU's past coverage here.ReplyDelete
Did THEY get any TIF money to build this?ReplyDelete
I can't find that area on the TIF map, so TIF money may not be involved. 'Course, they've owned the land for a gazillion years, so they may not be eligible for TIF money. And damn, that's a *lot* of land, practically the whole stretch between Marine and Sheridan.ReplyDelete
I'm president of the Carmen-Winona Block Club and The Admiral at the Lake rests within our boundaries. The construction is ahead of schedule and we expect the first of the residents on the independent living portion of the property to begin moviung in the beginning of July. They will not be bricking the facade of the entire structure, the upper reaches will/are being painted. There was no TIF money involved at all, The Admiral did the financing themselves. Things are mving along very nicely and when its all done and occupied, we should have just over 220 new residents in our area.ReplyDelete
major bummer on the paintingReplyDelete
How revolutionary.. Build a high rise that the community embraces without TIF money... who would have thunk that possible? LOLReplyDelete
I get where the snide TIF comments are coming from but the connection between the Admiral going up without a TIF component and the Maryville site is weak at best.ReplyDelete
The Admiral already owned the land, the location is better, the sales ball was rolling pre-economic fallout and it's a niche building for wealthy seniors.