The Matan is the latest Downtown development proposal from Lifestyle Communities, which gained approval from the Downtown Commission during this morning’s monthly meeting. LC Director of Development Chase Miller presented the project to the Commission for review, which primarily featured only cosmetic updates from last month’s initial proposal.
Members of the Downtown Commission praised the overall design of the project, but expressed concerns with the type of windows used in the building. Miller confirmed that the design will match the other Lifestyle Communities buildings in the area and would look appropriate for the neighborhood.
The development was approved by the Commission with the condition that the window materials be revisited for updating, in addition to lighting, landscaping, and signage details.
Miller said that they plan to begin construction on the project in Spring 2016 — noting that the building will contain 105 apartment units instead of the previously reported 117. The building will provide a two-level parking garage to accommodate 115 cars, with ground-floor retail space facing Main Street and Front Street. Miller also stated that the small empty lot facing Front Street will be used for parking and construction staging, but would likely be developed as an additional building in the future.
Meanwhile, construction has resumed at the nearby LC RiverSouth development after several months of delays. The two-building project will add another 240 apartment units to the northwest and southwest corners of Rich Street and High Street.
The LC’s Matan was the second building approved today for Downtown’s RiverSouth area, following a new six-story building from Borror Properties, which will be located directly across Main Street from The Matan.
For more information, visit www.lifestylecommunities.com.
Renderings provided by Lifestyle Communities.