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November 24, 2021

High-rise plan near St. James is dead, with lot for sale

Real Estate Editor

Rendering by Kidder Mathews [enlarge]
The broker is presenting this new six-story SEDU plan as an alternative to the previously proposed tower.

Two Eastside investors paid almost $5.8 million four years ago for a parking lot at 815 Ninth Ave., directly west of St. James Cathedral. There soon followed a 29-story apartment plan from MG2, which would've blocked views for both the cathedral and, downhill on the same block, the Graystone condominium tower that's now under construction.

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