Its two down, three to go for Michigan developer Village Green.

The suburban Detroit company broke ground Friday on a 264-unit luxury apartment and retail development at SouthSide Works, one of two it has under construction in the city.

But Village Green, one of the countrys largest privately owned luxury apartment owners and operators, wont be stopping there. In remarks afterwards, CEO Jonathan Holtzman said the company anticipates building three more apartment communities in Pittsburgh in the coming years.

Were working on a number of other locations. Nothing to discuss today, but we see other neighborhoods that could use the modern building that were proposing here, he said.

Construction of the Southside Works City Apartments at Sidney and 26th streets actually started earlier this month, with the first units to be ready in early 2016.

The complex will feature a mix of nano, studio, convertible, one- and two-bedroom apartments, and penthouses. The nano apartments, about 10 percent of the total, will measure 400 square feet in size and rent for about $1,000 a month. Mr. Holtzman said they will serve as an affordable unit for those earning as little as $35,000 a year.

Southside Works City Apartments also will include 12,000 square feet of commercial space and a 562-space parking garage. One of the options being considered for the retail space is a specialty market. Among other amenities are an indoor/outdoor swimming pool, concierge services, a 24-hour fitness room, and a Zen garden and courtyard park.

The Village Green complex is the third apartment project in the works near SouthSide Works. Oxford Development Co. is erecting a $26 million, 173-unit building at Sidney and Hot Metal streets and developer Ralph Falbo is constructing 56 one-bedroom units on South Water Street.

Village Greens other current project in Pittsburgh is the 213-unit Morrow Park apartment complex at Liberty Avenue and Baum Boulevard in Bloomfield. It should be finished in the third quarter this year.

Mr. Holtzman said the developer is in Pittsburgh for the long haul. We do not build to sell. We do not build to convert to condominiums. We are going to own and operate this apartment community long-term, he said.

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Development in the works on Pittsburghs South Side

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