The project, located in the Cathedral District, will be dubbed Lofts at Cathedral. Workforce housing downtown has become a staple of Vestcor’s work. The company’s Lofts at Monroe, Lofts at LaVilla, Lofts at Jefferson Station and Lofts at Brooklyn are some of the income-capped apartments it is supplying downtown and in surrounding neighborhoods, like Murray Hill.
The Vestcor Companies Inc. will add 120 workforce housing apartments to the Cathedral District through the renovation of the former YWCA building and a new, adjacent structure.
Investment: $39 million
Status: Under construction