In the fall, we told you about the upcoming reimagining of the 2040 Market St., formerly the AAA Building. Passing by the other day, we observed quite a bit of progress.
Down 21st St
Across Market St
The eight floor addition to the front of the building appears to be nearing completion. PMC Property Group, the owners of this building, are already listing apartments for rent here, with one bedrooms priced just below $1,700, two-bedrooms priced around $2,500, and three bedrooms priced at $3,600.
South side, still a ways to go
From what we can gather, this development is moving in phases, with the addition finishing first and the L-shaped wings on the southern side of the building to be completed later. Ultimately, there will be 281 apartments here, along with two commercial spaces on the first floor. Not to mention parking in the basement. Look at this rendering, to give you an idea of what the building will look like once it’s finished.
Rendering from the Planning Commission
Still no word as of yet on any potential commercial tenants for the first floor. But we’ll keep our ears open…