March 2014 Project Update


Tea Company Townhomes remains under construction and is expected to be complete in April. Kitchen cabinets and appliances are being installed and bathroom tile installation is underway.


Taft’s Ale House will occupy the historic St. Paul’s Church building and is targeting an opening date in late fall of 2014. The brewpub will be a full-service restaurant and bar serving local beer as well as a wide variety of options brewed in-house. A groundbreaking / construction “kick-off” event took place on Friday, March 7th, marking the beginning of the build-out process.


Park Haus projects are 100% sold out.


Mercer I: The sixteen units that comprise Mercer Historic and Mercer Townhomes are all sold or under contract. Marketing of the twelve condos of One Mercer has begun and information is available at Only eight units remain available.
Mercer II: Three buildings are now available for residential occupancy and the first tenants moved in on March 1st. Additional units will be turned over April 1st and May 1st and final project completion is scheduled for mid-May.


Core Resources has been selected as the General Contractor for the Cintrifuse project, designed by City Studios Architecture. Initial stabilization work has begun this month.


Concrete construction has continued above grade up to level 4. Construction of decking and shoring for the speed ramp is 90% complete up to level 3. Construction of the north core elevator shaft from level 1 up to level 2 is 100% complete. The concrete columns in the northern half of the project were poured and cured completing 100% of the construction for the columns on level 1. The concrete slab for level 3 on the south side and level 2 on the north side of the project have been poured and cured completing 100% of the level 2 concrete slab. Concrete pours for the concrete columns in the northern half of the project on level 2 are 25% complete. Construction of the south core elevator shaft from level 3 up to level 4 and is 25% complete. Fifty percent of the concrete columns on level 3 in the south side of the project have been poured and cured. Glazing for the façade mock up has been installed completing 90% of the mock up.