A new $55 million mixed-use apartment complex is coming to Midtown. Newmark Grubb Zimmer has brokered the sale of the Uptown Shoppes retail center, which will be turned into the Uptown Lofts and will boast 223 apartment units and 50,000 square-feet of retail space.The development will be located at Valentine Road and Broadway Boulevard.
According to a release from Newmark Grubb Zimmer, “The Uptown Lofts will provide a significant boost to the community with the enhancement to Broadway Boulevard and by providing affordable rents to those living and working in the surrounding area. The development will also serve as an asset to the Uptown Theater located across the street, creating more than 300 additional controlled parking spaces for the venue”
The project is set to break ground in the spring of 2019.