Last week, developer Philip Spiegleman of River Street Ventures secured approved of the City Council for a scaled down version of his proposed project on the riverfront in Algiers. The final project will include 187 apartments, down from a proposed 345 units.
The project features a public plaza, 1,500 square foot part, and 187 apartments, 19 of which are for low-income renters. The project’s two, eight story buildings will encompass 3.4 acres on the riverfront.
Spiegleman originally had proposed four, eight story apartment buildings that would have housed 345 apartments, but decided to compromise with neighbors after some concern as to size and intensity. He was originally seeking a density waiver from the city.
You can check out the original plans here.
Spiegleman is from Miami. No word yet on construction timeline, financing, or other related parties.
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