The historic mixed-use property at 3300 Lemp in Benton Park traded hands numerous times in recent years until it was finally foreclosed on in 2009. Luckily, someone with good intentions and deep enough pockets to act on those intentions, was finally able to get a hold of it. Construction is now fully underway at the site, which is now owned by Anchor Development LLC.
Located at the southeast corner of Lemp and Utah, this 6,213 square foot property will retain the original storefront for commercial purposes upon completion. The native layout of the property features six residential units in addition to the commercial space, but it appears that will be changing. With exterior work, including tuck pointing, windows and the roof coming to a close, two banners have now been placed on the sides of the building.
According to those, the final development will include one 2 bed, 2 bath condo above the storefront, which will also feature a rooftop deck. On the southern end of the building along Lemp, the former four apartments will be turned into two 2-3 bed townhomes. I have not yet been able to confirm whether these will be fee-simple or truly condos. All units are being advertised as in the $180’s with gated parking.
With construction crews now shifting to interior work, it will be interesting to see how this pans out in the coming months. No matter how the place turns out, there is a good chance that it will have a domino-effect of further rehabbing on the block. There are more than a few other large buildings on that block of Lemp needing some attention and hopefully this will push the owners of those properties to get off their butts and get to work. I’ll try to arrange an inside visit and another update in the near future. In the meantime, you can see emaples of the exterior progress int he picture gallery below.