Development update by Ennis Davis, AICP
A joint venture between Tampa-based Blue Sky Communities, LLC. and Aging True will transform a 1.02-acre surface parking lot at the northwest corner of East Ashley and Newnan Streets into Downtown’s latest multifamily residential development. Designed by Jacksonville-based PQH Architects, Ashley Square is currently proposed as a $15 million, 120-unit affordable housing development for residents aged 62 years old and up.
Plan for West Ashley Street parking garage level.
Originally anticipated to begin construction in early 2020, monthly rents will be $725 for a one-bedroom unit and $870 for a two-bedroom unit. 96 of the 120 units will be 650 square foot one bedroom spaces. The remaining 24 units will be 900 square foot two bedroom apartments. 90% of the project’s units are for those who qualify for affordable housing, with 10% set aside for low-income residents.
Plan for West Beaver Street parking garage level.
The project’s main entrance would be off Newnan Street, facing the existing Cathedral Tower entrance. While the structure will not include retail, a fitness center, office, lobby, lounge and activity center for residents will be located on the ground floor facing Newnan Street. An outdoor mural planned for the Ashley Street side of the building. A 160-space parking garage would also be built as a part of the six-story project.
Here is a look at what is planned and what the site conditions are as of January 2, 2021.