A new mixed-use project could be under construction by Spring 2016 if all goes well for the developer when his preliminary plans are presented to the City of Duluth's Planning Commission next month.
Located at 624 East First Street near Essentia Health's Cancer Center, the development would include both housing and commercial space. It looks as if the current building (or at least the foundation) would be used and expanded with one additional floor on top in order to make way for the residential units.
Five indoor parking spaces would be included on the first floor with access off of East First Street. The first floor also would include some commercial space with residential units located on the second floor, back of the first, and what appears to be the lower floor. Access to the units would be provided off at East First St.
If approved the project would be a significant improvement for the corner and would mark somewhat of a milestone for the area. The most recent new residential units to be built within the neighborhood would be the 311 Superior condominium development located atop the Sheraton hotel off Superior Street. That project was completed nearly ten years ago.
The units within the building most likely would be rental units however there is a slight chance that they could be condominium units. If there was an area that could support condos it would be here as there are most likely buyers would be those individuals working within the hospitals or the Downtown core. There's also a chance that the building could be a mix of the two with condominiums being located on the upper floors and apartments on the lower.
If the project does turn out to be rental units, we suggest those who are looking to rent pay very close attention to this project and to take note of every development pertaining to it. The views of Lake Superior from these units will be unbelievable and that ensures that they will go quickly.
We will have more details regarding this project soon. As always, make sure to check back to CDINDULUTH for all the latest in Twin Ports development news!