A new joint venture between Elford Development and Wagenbrenner Development recently announced that they have entered into a purchasing agreement with Apex Realty Enterprises on the former Ibiza condo development site, located at 830 North High Street in the Short North.
Their proposed project includes a five-story mixed-use building that includes four stories of residential units and ground level retail and restaurant space facing High Street. The project also includes a parking garage structure for residential use and an additional 250 parking spaces for public use.
This new proposal follows a similar development proposal announced in March by Schiff Capital Group, who wants to develop something closer to the original Ibiza proposal with an eight-to-ten story residential tower.
Which of the two proposals do you think would be a better fit for the site?