When Mayor Bob Buckhorn describes his vision for a competitive downtown, it sounds like a college campus: lots of young professionals, activity 20 hours a day and a live-work-and-play setting. On Tuesday, developers and officials celebrated the start of a dormitory for that campus: the SkyHouse Channelside tower off of 12th Street, just south of Washington Street Park. Here's a quick look:
23 stories. 320 apartments. 400-plus residents. Anticipated rent: about $1,600 a month. $65 million in construction. 500 construction jobs.
Developer Novare Group from Atlanta says its demographic niche is the same as the market for the BMW 3 Series: 25- to 34-year-old single professionals. It has opened or is developing similar towers in Atlanta, Orlando, Austin, Houston, Dallas and Raleigh, N.C.
The top floor has a "skyhouse" with a fitness area, pool, outdoor fireplace, covered lounges and grilling area.
Foundation work starts next week. Opening expected March 2015.
What they're saying
"Our corporate vision at Novare is to create great urban experiences," said Jim Borders, CEO of the Novare Group, which also co-developed Tampa's Element and SkyPoint towers. "Next spring, when a group of residents are out on the patio, outside the skyhouse, sharing dinner on a Friday evening, looking west over toward the downtown high-rises and the bay at sunset, we will have accomplished that mission."
The mayor's take
"I want more. I want it faster."
Richard Danielson, Times staff writer