Originally Published: February 13, 2014 12:02 PMModified: February 13, 2014 3:01 PM

Aragona Properties

The 5-story apartment building will be built on South Main Street, south of East Lincoln Avenue.

Aragona Properties

The development, which is awaiting building permits from the city, is located on South Main Street, south of East Lincoln Avenue.

Construction on a new five-story, 48-unit apartment building in downtown Royal Oak is expected to begin in the spring.

Clinton Township-based developer Aragona Properties LLC garnered financing for the project and now awaits building permits from the city, the developer confirmed today.

The development is planned for 1.5 acres of vacant land on South Main Street south of East Lincoln Avenue. Besides luxury apartments, plans call for first-floor retail space.

Paul Aragona, CEO of Aragona Properties, said construction on the $13.5 million project is expected to be complete by the first quarter of 2015.

The building would be about 73,000 square feet, according to Marty Smith, principal at Southfield-based Siegal/Tuomaala Associates Architects & Planners Inc., the architecture firm on the project.

See original here:
5-story Royal Oak apartment building to break ground in spring

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February 13, 2014 at 6:02 pm by Mr HomeBuilder
Category: Apartment Building Construction