A local developer is looking to bring what he calls "the most luxurious project that's ever been done in Johnston" with high-end apartments, a sit-down restaurant, public art and climate-controlled parking.
Steve Scott, principal of Johnston-based Locate Commercial Real Estate, plans a five-story apartment building with 103 units to be constructed west of Northwest 86th Street and Northwest 53rd Place.
The Roughwood mixed-use project could be ready for tenants in late 2025.
Residents of the luxury five-story complex would have to pay hefty rents to secure their spot, with one-bedroom units starting at $1,175 a month, two-bedroom, two-bathroom units starting at $1,650 a month, and three-bedroom, two-bathroom units starting at $2,250 a month, according to Scott.
And the project's $45 million price tag — of which Johnston would pay up to $5 million in tax rebates in exchange for environmentally friendly building techniques and other requirements — would make it "one of the most expens...
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