The development of 350 8th Street with 408 rental units and commercial/retail space to replace the three acre bus depot at 8th and Harrison has been financed. Associated Estates Realty is partnering with AIG Global Real Estate on the $220 million project.
The development’s 315 off-street parking spaces for cars and 414 spaces for bikes will be located mostly underground or within the interior of the Stud-adjacent site.
In addition to 44,000 square feet of open space throughout the development – and over 20,000 square feet of ground floor retail, arts and commercial space – the 350 8th Street project includes a 5,400 square foot public plaza and café on the corner of 8th and Ringold:
Assuming no major delays, the development should be ready for occupancy in late 2015.