Redevelopment of 505 Pearl Street is shaping up nicely. The front façade was recently power washed bringing out a fresh new look for the six-story Theater District building. Third Nature Capital is turning the long-vacant site into 53 apartments and commercial space. CJS Architects prepared the plans for the work.
There will be 2,165 sq.ft. of commercial space, a residential lobby and two one-bedroom and one two-bedroom apartment with 729 sq.ft. of living space on the first floor. An additional 4,414 sq.ft. of commercial space would be located on the basement level. Floors two through six would each have ten, one-bedroom apartments ranging in size from 433 to 577 sq.ft. A fitness center, tenant lodge and outdoor deck are planned for the building’s roof level.