Savanna Partners purchased 141 Willoughby Street, a development site that currently holds a three-story Institute of Design and Construction building, from the Institute for $28 million last year. Zoning allows for a 120,000 square foot tower, but Savanna wants to get a special permit and double that number in order to build a 30-story mixed-use tower with "a retail base and student housing, commercial or residential space above," according to the firm's website. That website also reveals the initial renderings for the tower, which 6sqft was the first to spot. As the renderings display (probably not unintentionally) there are many taller towers in the surrounding area, so the zoning change would not be completely unreasonable.
· REVEALED: 141 Willoughby, 30-Story Mixed-Use Tower to Replace Site Once Slated for Eminent Domain Takeover [6sqft]
· Savanna Fund [official]
· 141 Willoughby Street coverage [Curbed]
Loading comments...