The current Symbol Mattress warehouse on Highpoint Avenue will be demolished to make way for the project, which should take about 18 months to build.
The Scott’s Addition hot streak continues as another of the neighborhood’s dormant properties is proposed for revival.
Spy Rock Real Estate Group plans to demolish the former Symbol Mattress Co. facility at 1814 Highpoint Ave. to make way for a new construction development that would include about 190 apartments and about 55,000 square feet of commercial space.
Spy Rock principals Andrew Basham and Taylor Williams are leading the project, and the pair is also behind the 194-unit Preserve at Scott’s Addition development that’s taking shape nearby in a former Coca-Cola bottling plant.
Now they’re preparing to seek approval for the Symbol Mattress project. They hope to begin construction within the first half of 2016.
BizSense’s Katie Demeria has many more details on what the project involves. The building renderings look pretty cool, and the current building is an eyesore as it is, so it’s a welcome transformation for this portion of the neighborhood.
Photo: Spy Rock Development