Concrete slab foundations are in for a two-building apartment project at 301-311 W. Utica Street. FJF Development, consisting of contractor Paul Johnson, attorney Michael Ferdman and architect Karl Frizlen, is the project developer. The site is just west of Elmwood Avenue.
Sixteen, two-bedroom apartments with approximately 1,000 sq.ft. of living space and private garages are being constructed.
The development team previously proposed a 14-unit condominium building for the property. Though three of the condos were pre-sold at prices starting at $224,900, it was not enough to secure construction financing.
Frizlen and Ferdman are also working with Krog Development to redevelop the northwest corner of Elmwood and Bryant Street. A three-story building anchored by Coffee Culture on the ground floor and twelve rental apartments on the upper floors is nearing completion.