Coming soon to downtown Sioux Falls – Third Avenue Lofts.
In a partnership with Urban Housing Partners, a new, 87-unit apartment complex is coming to the city’s core. Construction begins next week, and the process is expected to last 14 months.
Located at 413 South 3rd Avenue, at the corner of 3rd Avenue and 13th Street, the four-story complex will feature 64 one-bedroom units, which are growing in demand in downtown Sioux Falls.
“We continue to hear from tenants who are looking for one-bedroom apartments or lofts in the core of the city,” said Norm Drake, CEO of Legacy Development and Consulting Company, LLC and manager of Third Avenue Lofts, LLC. “This new complex is another fantastic option for individuals who want to live downtown and experience the lifestyle of downtown living. The Third Avenue Lofts will provide high-level amenities at a rent rate that is accessible to many hoping to living downtown.”
When Third Avenue Lofts opens in early 2020, it’ll also include 23 two-bedroom units as well as underground parking for tenants.