By Joel Scanlon
The CEO of McCaffery Interests, Dan McCaffery together with the President of Pitt Ohio, Chuck Hammel, declared the initiation of construction for a new 96-unit apartment residence in the Strip District called ‘Lot 24’, named after its location within the Strip District.
Lot 24 will evolve from an earlier surface parking lot adjoining the Cork Factory lofts. The 4-storey residential building, designed by Antunovich Associates of Chicago attributes a ridged metal frontage with red bricks. It is drafted to give an appearance that will blend with The Cork Factory, presenting a modern industrial feeling to be experienced by the Strip District. The building intends to offer facilities including a terrace with a pool and hot tub, a clubroom with bar, fireplace and media wall, as well as concierge service, a business center, and bike storage. Parking will be directed to the garage located across the street. Interior designing was sketched by Susan Caruso of California’s Intra-Spec Hospitality Design. Massaro Corporation serves to be the general contractor that focuses on employing only union labor for the construction project, anticipating LEED-certification.
An increased demand for the apartments and services at Lot 24 has been predicted, based on its success.
The project is supported with a RACP grant and is being sponsored by the Urban Redevelopment Authority, the ERECT Funds, and the Strategic Investment Funds.