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Waterside Place files Notice of Project Change

Jul 01, 2010

Waterside Place developer, Core Development Group, has filed a Notice of Project Change with the BRA. They have determined that the best opportunity to advance the project, which was originally approved in 2007, is the construct it in phases. They are now proposing that Phase 1 include the development of 235 rental units and 69,000 square feet of retail space, which will include a grocer and a pharmacy. Phase 1 also includes parking for up to 275 cars and an innovation center of approximately 13,000 square feet which will offer office/flex/IT rack space for small entrepreneurial and developing companies.

There will be a community meeting to discuss the project on July 14. The comment period runs through July 30. The development team anticipates a construction start in early 2011 and completion following in 24-months.

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