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| Transforming brick and timber into urban chic | ||||||||||||||||
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This beautiful but abandoned brick-and-timber building, designed in 1916 by George Applegarth, had originally been used as a printing house. Demonstrating the confidence and foresight that became our trademark, McKenzie, Rose & Holliday Development bought it in 1990, just 30 days after closing on our first loft-conversion property on 4th Street and despite a generally poor market for condominiums. We preserved the integrity of the original design while creating a flexible living space that combined the comforts of condominiums with the industrial style of lofts. Buyers responded enthusiastically: All the lofts sold and closed within 90 days of construction completion. | |||||||||||||||
| Award Winner | ||||||||||||||||
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| interior archway | ||||||||||||||||
| dining area | ||||||||||||||||
| Completed:
1992 Project value: $15.5 million Number of units: 44 Site area: 24,160 square feet Project area: 85,000 square feet Average unit size: 1,750 square feet Average unit price (1992): $330,000 Average unit price (2003): $800,000 Density per acre: 79 units/acre Parking : 44 spaces |
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