The Wood Companies are already busy with construction on High Street with their apartment building development over top of Northstar Cafe, but that’s not stopping them from already moving on to their next big project: The Leafy Dale.
Constructed in 1895 as a hotel, the Leafy Dale building stands tall at 789 Dennison Avenue, a half-block northwest of Goodale Park.
“The building has been vacant for about five years,” says Mark Wood, President of The Wood Companies. “A couple of other developers tried to redevelop it into condos a few years ago and ran out of money before they were able to finish it.”
The Wood Companies stepped in recently to buy the Leafy Dale, and is currently working on construction documents to move forward with building out 26 apartment units for rent. Most of the interior walls are stripped down to the studs, and plans call for the installation of a new modern elevator toward the front of the building.
“There will also be a rooftop terrace for residents to utilize,” says Wood. “It will have great views of Goodale Park and Downtown.”
The rooftop terrace will be constructed with a modern, contemporary design, and will be set back from the edge of the building, not immediately visible from the sidewalk below. The unit interiors will play off the historic character of the building and common areas will keep some of the existing charm intact.
Currently, there is no scheduled completion date for the project. Wood says that the project is still going through the process of getting all plans approved, permits obtained and finances in place before making an announcement on the targeted opening of Leafy Dale. More information will be made available soon, so stay tuned for updates.
More information about The Wood Companies can be found at www.woodcompanies.com.