Sometimes development projects move forward in a linear fashion, progressing quickly through the approval and construction process. There are also many projects that hit some speed bumps along the way, experiencing delays or stalling out entirely for a number of years. 14 S. 3rd St. falls into the latter category, as we first told you about a plan for this property back in the summer of 2011 but saw no construction at this vacant lot even though the adjacent intersection of 3rd & Market was seeing all kinds of changes. Within the last week or so, however, a reader noticed some construction activity on the site. Finally!
To refresh your memory, a building previously stood at this address which was built in 1894 and received historic designation in 1977. A fire in 2004 resulted in its demolition. Five years ago, developers proposed a five-story building at this location, with ground-floor retail and four apartments on the upper floors. Harman Deutsch did the design work for the project, which we imagine will maintain the same appearance as the rendering from half a decade ago.
Yes, when this project first came about, Suit Corner has still operating at the southwest corner of 3rd & Market. Because of a fire a few years ago, Suit Corner moved down the block and today there's a new mixed-use building under construction at this corner. We'd have to assume that the project on 3rd Street, with its four large apartment units, will be condo project, while the corner building with its twelve smaller units will most certainly be a rental property. Hm, we wonder if any coffee places have looked into either of the new retail spaces coming soon to this corner. What's one or two more for this corner?