Work has begun to turn the former A&P warehouse in Larkinville into 146 apartments.
Indianapolis-based KCG Development started the environmental cleanup of asbestos and other contaminants last month as part of the $39 million project, said firm vice president of development Anthony Ceroy. That's about seven months after the company completed its acquisition of the property from former occupant Mesmer Refrigeration and obtained city approval.
KCG plans to transform the eight-story, 238,000-square-foot storage facility into a mixture of one- and two-bedroom apartments on the top seven floors, while dividing the tall first floor into two levels of indoor parking. The apartments would range from 750 to 825 square feet for the 82 one-bedroom apartments and from 900 to 1,150 square feet for the 64 two-bedrooom units.
The project also will feature about 5,800 square feet of commercial or retail space, plus bike and tenant storage, and additional outside parking. KCG also plans to cut a hole through the center of the building to create an inner courtyard.