>> When will Troll Pub Under the Bridge and the new Oregon District apartment building open?
That part of downtown is already home to a variety of market-rate housing for sale, including 24 condos at Cooper Lofts and 17 units in the Ice Avenue Lofts, both located just a block south from there.
There are also dozens of brick townhomes located nearby.
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The building offers about 3,2000 square feet of space on every floor and has nine parking spots and a carport, according to a Colliers International’s marketing document.
Updyke said the downtown housing market has proved it can support higher-end product, and the location on North St. Clair Street is in the thick of some major redevelopment projects.
CareSource is building a new tower just down the road, and the 133-unit Delco Lofts, next to Fifth Third Field, is preparing to open later this year.
A variety of new businesses a couple of blocks from the building are slated to open later this year, including Mudlick Tap House and Canal Street Arcade & Deli.
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RELATED: Canal Street Arcade & Deli coming