Community Post

East Cherry parcel subdivision turning apartments into townhomes

The eight-unit cottage style apartments at 2600 E Cherry are undergoing a makeover.  The property owner, COHO Partners, LLC, has filed a Land Use Application to subdivide the one land parcel into eight unit lots.  The existing eight-unit structure, built in 1926, will remain, but parceling the land will allow for sale of the units as separate townhomes in the future.

The units appear to be vacant and a large dumpster is parked behind the building as obvious renovations are ongoing.  Grass has been torn out in front of most of the units, likely meaning they will be doing landscaping to give it more street appeal. 

It is encouraging to see some redevelopment of existing residences in the Central District rather than some of the less attractive new construction townhomes that sprung up around the city during the real estate boom.  Presumably these apartments could remain as rental properties until the market improves and then sold off individually.

Here is a link to the  Property History including a photo taken for tax assessment in 2008.

The owner/developer at COHO Partners and Build Urban LLC could not be reached for comment.  We’ll update our post if we learn more.

0 thoughts on “East Cherry parcel subdivision turning apartments into townhomes

  1. Make a ton of sense to keep original stuctures if possible. It takes some work, but it avoids additional impact on landfills, helps to let a neighborhood ‘evolve’ while keeping some of the appearance that lends context and continuity, and generally supports the idea of rehab and reuse.

  2. This is kind of bitter sweet. My old friend and her son were evicted from this place a few years ago when the owners decided to “develop” the property. Then they didn’t have the financing to go ahead so it has sat mostly empty. She was not able to find another rental in the neighborhood and ended up having to switch her son’s school and rearrange her whole life. To see the places just sit there empty for years when her family and others could have still been living in them was upsetting. So it’s good to see them getting fixed up for people, but also sad that it had to be like that.

  3. This is sad and unfortunately not uncommon.

    It also happens when low-rent commercial buildings are torn down for redevelopment and then the financing disappears. The businesses that did well in the building could not afford higher rent elsewhere and had to close. Their employees are now jobless. And the Pike/Pine location where the building was is now a vacant lot. Everyone loses.