- Last Updated on 08:09 AM 06/19/13
- BY Doug Ford
Progress continues on the New Brick Warehouse apartment project despite workers dodging raindrops during a rainy spring.
Workers with Rehab Builders were busy Monday unloading the 2x4 lumber and stacking it inside the building in preparation for framing the approximately 20 market rate apartments planned for the project.
Skylights have been framed and installed, and work on the exterior walls of the former warehouse is proceeding.
A look at the interior of the building reveals repairs made to the wooden truss roof system and floors constructed with Southern pine, with attention given to preserving as much of the original flooring and roof system as possible.
Built in 1900, the New Brick Warehouse is the last brick tobacco warehouse left standing in South Boston and covers approximately 21,750 square feet.
Rehab Development is making a minimum capital investment of $2.5 million to rehabilitate the building.
Plans include construction of 14 two-bedroom, 1,125-square foot lofts, and a pair of two-bedroom units containing 1,096 and 1,169-square feet, respectively.
Plans include construction of two 705-square foot, one-bedroom units and two 821-square foot, one-bedroom units, in addition to a 712-square foot one bedroom unit and a 644-square foot studio.
The town is providing an $185,000 interest free loan to Rehab Development for a term not to exceed 20 years with minimum annual payments of $5,000, with provisions for earlier repayment.
New Brick Historic Lofts (LLC) purchased the property in March, and under terms of a performance agreement with the town, it agreed to complete construction of the project by Dec. 31.