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Towering over Spring: New Project Proposed to Complete Old Bank Block

By Ed Fuentes
Published: Thursday, October 25, 2007, at 07:36AM
Spring Ahead Ed Fuentes

DLANC's Planning and Land Use meetings are a great chance to get a view of what might be in the Downtown pipeline over the next few years and last night attendees got a preliminary look at a Spring Street project that's sure to get some talk. Sited on the surface parking lot between the Rowan and the El Dorado, the numbers are pretty impressive: 92 residential condos, 122 hotel rooms and ground floor retail in a 27-story tower.

200 parking spaces are included in the building's first seven floors, and ground floor retail is included both on Spring street and on the alley side, continuing the corridor that Lost Souls has pioneered.

The 287-foot tower will add the Historic Core's first new hotel rooms in decades, and breaks through the area's height-limit skyline. The design does give a visual nod to its neighbors at that 150-foot level.

While it's too early to talk about groundbreaking, the optimistic guess given is 2009––if financing is secured.

Designed by architecture firm Johnson Faine, Gilmore & Associates are consultants on the project and the early plans compliment associated project Rowan Lofts by allowing those units to keep some sight lines to Spring St.

While Suzanne Ekerling was getting ready to made the presentation to DLANC (who voted to support the MSGG Spring Street Realty Partners Project) Tom Gilmore was at GilVille (4th and Main) on his way to another function but stopped for a moment to say, "This is urban planning with a capitol 'U'."

The announcement of this project now makes two proposed for the former Wall Street of the West. Three blocks south of this site a 24-story tower is proposed at 751 S. Spring.

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