The Hot Metal Street corridor, which over the last five years has seen a cadre of large buildings constructed in and around the South Side Works, — including two hotels — is getting new residential space.
Oxford Development will break ground this spring on the Hot Metal Flats, a 115-unit apartment building on the lot between the SpringHill Suites Southside Works and IBEW Local No. 5. Hot Metal Flats will offer a mix of studio, one-bedroom and two-bedroom apartments ranging from 570 to 1,200 square-feet, and averaging about 700 square feet.
“Most of the units will have some kind of view of the city, the river or the South Side Slopes,” says Megan Stearman, Oxford’s marketing coordinator, adding that most units will have either balconies or Juliet balconies.
Humphreys & Partners, a Dallas-based firm, is handling the architecture while local contractor PJ Dick will do the construction. Walnut Capital will manage the property and handle leasing. Among its amenities, Hot Metal Flats will include off-street parking for tenants’ cars and bicycles, a fitness center and common areas for outdoor recreation and grilling.
“All of the access it will provide, from the trails and the riverfront to all of the South Side’s restaurants and shops, is itself a main amenity,” Stearman says.
Hot Metal Flats will be Oxford’s second project on the South Side. It completed and opened the HYATT house, just across Hot Metal Street, last year.
Writer: Matthew Wein
Source: Megan Stearman