Developer: 3CDC, Northpointe Group & McCormack, Baron, and Salazar (MBS)
Location: Between East 13th & 14th streets bordered by Vine and Walnut streets
Project Cost: $ 53.5 million
Units: 154 (126 rental and 28 condos)
Average Unit Size: 1,100 SF condos
Average Unit Price: $250,000 condos
Commercial Space: 17,600 SF
Mercer Commons will be the development and renovation of 19 buildings and 26 vacant parcels of land on a total of 2.67 acres. It is a $53.5 million project that will encompass 126 rental units which include 30 affordable units, 28 condominiums, 17,600 SF of commercial space and a 340-space parking garage along with a 19-space parking lot along 14th Street. It will bridge the gap of development on Vine from the 1200 block to the 1400 block as well as creating a connection to Walnut Street.
100% of the commercial space is still available for lease.