Salce Companies Center School proposal includes a three-story 104 unit development with commercial space including 185 parking spaces with 73 spaces in a garage below the apartments.
Salce offered $500,000 for the property, and proposed a $28 million development consisting of 42 studios with rents of between $1,175 and $1,350; 31 one-bedrooms at $1,700 to $1,800; and 31 two-bedrooms at $2,250 to $2,450.
The proposal was the only one to include commercial space, though Salce said that could change. He is proposing a coffee shop/café and bar in his proposal. “If the commercial doesn’t work within a year, we’d want the commercial space to be residential,” he said.