Wolf Point Developers Planning Another Multifamily Tower
The developers behind Wolf Point West are sticking with what's successful and changing plans for the next phase of the Wolf Point development project. The Chris Kennedy-Hines Interests JV announced the next building in the project will be all apartments.
With high demand for downtown apartment rentals and a record number of units in the pipeline, the JV decided to switch plans from a mixed-use multifamily and office building, Crain's reports.
The first renters at Wolf Point West began moving in in January. the 509-unit building is already 30% leased. Zoning for the second building allows a height of 750 feet, enough for a 60-story tower. Wolf Point Partners plans to break ground in Q1 2017. [Crain's]