A former nursing home is getting an impressive makeover. Greenleaf & Company is teaming with Paul Kolkmeyer to jointly redevelop 1040 Delaware Avenue. A mix of 49 rental units is planned along with 2,000 sq.ft. of ground floor office space. With a new use, the building is also getting a new look. The boxy, non-descript building will get a new façade that complements its Delaware Avenue neighbors.
1040 Delaware LLC’s redevelopment project carries a $5.5 million price tag. The former Lutheran Nursing Home is located between W. Utica Street and Lexington Avenue and has been vacant for the past ten years. Greenleaf and Kolkmeyer are also planning a conversion project for the former Spaghetti Warehouse location at 141 Elm Street.
A berm in front of the building will be removed and a new main entrance will be created in what is now the basement. The building will gain a parapet and a new brick façade with stone and iron accents. A bump-out at the center of the façade will be flanked by columns of bayed windows. David Wylier & Associates is architect.
“We believe we will be transforming this somewhat boring and unimpressive structure into a substantial building with its own unique character,” says James Swiezy, Greenleaf’s General Manager. “It will fit in nicely with the neighboring Delaware Avenue properties. We also believe it will become a premier address with all the expected amenities.”
The units will have high-end, modern finishes including hardwood and ceramic tile floors. Hard-surface countertops and stainless steel appliances are planned. The building has ample parking and will include a storage area for tenants along with laundry facilities and an exercise room. The developers are looking into the possibility of adding a rooftop garden/patio area.
Rents are expected to range from $650 up to $1,200/month for the one and two-bedroom residences. Swiezy says converting the building to condominium ownership is likely but is at least three years off.
Construction is now in its early stages. Crews have begun interior demolition and roof work. The building is expected to be tenant-ready in eight to ten months.
Greenleaf Development and Construction will handle the construction management work and Greenleaf & Company will be responsible for leasing all 49 apartments and the office space on the first floor. Greenleaf currently owns and operates over 650 apartment units in the city.
Get Connected: Greenleaf, 716.885.8538