According to a release, Hartford, Connecticut-based Hartford Investment Management Co. provided the loan.
Albion Residential paid $15.5 million for the 1.3-acre property, which has a 645 Division St. address and is notable for its elevation just east of Eighth Avenue. A late-2022 finish is eyed. (See more images
The building will include studios, one-, two- and three- bedroom residences. It will feature an exterior plaza and rooftop pool as well as a “comedy club” that will double as a karaoke venue. Other amenities will include a coffee shop, an indoor dog run and spa, a poolside tiki bar, an indoor/outdoor fitness facility, golf putting greens and a golf simulation room, and 10,000 square dedicated sharable workspace.
Homewood Suites and Canopy building as seen from Division Street, with Greystar building to the right
The company looking to redevelop the former Yazoo Brewery site in The Gulch with a building housing Hilton hotel brands Homewood Suites and Canopy will soon seek final site plan from Metro regarding the project.
Charlotte-based Tara Investments Inc., which owns the property at
910 Division St., is eyeing a building (pictured) that will house the two hotels, which previously had been slated to open in early 2022. That date now seemingly will be rescheduled, with the
Post unable to contact Tara officials by publication time.