Seventh and Broadway Tower
Council approved a $3.5 million grant to North American Properties and NorthPointe Group so they can build a seven-story apartment building on top of a parking garage at Seventh and Broadway.
The $22.3 million project, which will include 111 high-end apartment units, has been in the works since 2002. There is already retail space on the first floor of the garage.
Apartments will range from studios to two-bedroom apartments with a den. The average unit will be 850 square feet. Rents are expected to be $2 per square foot, or between $1,200 and $2,200 per month.