July 2014 Project Update


Twelve out of thirty-three Westfalen II units are sold or under contract. The remaining twenty-one condos vary in size from studios to two-bedroom units and feature shared outdoor space and some with private balconies.


Construction at Tea Company Townhomes is nearly finished. Four out of eight units are now complete. Two are currently under contract. Pricing and other listing information is now available at www.OTRLiving.com.


3CDC staff expects to obtain full project financing by the end of July, at which point construction will begin. Project completion is estimated for spring of 2015.


Concrete construction has now reached level nine. Construction on the north core elevator shaft has reached grade level seven, while work on the south core elevator shaft is now up to grade level nine. Underground elevator construction is also underway. Concrete pours for the columns in the northern and southern areas of the site are complete up to levels six and eight. The level six and eight concrete slabs located throughout the site are also complete. Mechanical, electrical and plumbing installations continued on all finished site levels – both above and below grade. Setting of the building façade panels remains ongoing.