Kuttner May Build Affordable Housing

In last week’s C-Ville Weekly, Will Goldsmith wrote about Oliver Kuttner’s planned work on the old Central Fidelity bank. In it, Oliver says that he’s considering doing something audacious:

Kuttner wants several floors of retail by opening up the basement as a courtyard along the side street and creating a second floor of retail fronting the Mall. He plans four apartments above the retail in a first phase of redevelopment. The second phase will be a larger structure closer to Water Street that nears the nine-storey limit, which will contain either a 72-room hotel–or affordable apartments at around $500 a month.

$500 apartments on the Downtown Mall? That’s awesome. Oliver would be a minor hero if he did that.

(Via Dave Norris)

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