Residences at 700 in Former United Church of Christ Building Downtown Set to Begin Construction After Receiving State Tax CreditProspect Avenue downtown is about to seem a little less quiet.
That $4 million, K&D spokesperson Aaron Price told Scene, should allow the Residences to keep its rents at so-called market-rate. Namely, one-beds and studios starting at $1,200 and"focused on downtown workers." In October of 2021, the Winking Lizard's Gateway spot shuttered, citing pandemic-era staffing issues and unsuitable rents; in late 2023, the Fitworks gym across the way went. And the May Co. Building down the block has struggled to fill its ground-floor retail since its rehab wrapped up in 2020.
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