Will Conway have a trendy "walkable" downtown? Salter Properties is working on it.
The firm expects to break ground on its multifamily J Lofts development at 1050 Spencer St. next month and rent the one- and two-bedroom units next spring.
The 21 apartments will be behind King's Life Music and Blue Sail Coffee. Branches of Malvern National Bank and U.S. Bank are its neighbors to the left and right.
Missing from that picture is a budget, but Property Manager Jordan Broadstreet said his team had not determined what the project will cost yet.
He said it'll take about 10 months to construct the four-story building, and parking will be on the ground floor.
The firm has not pre-leased the units yet but has five or six people on a waitlist for when it does.
Larry Kester of Architects Collective in Tulsa in the architect; Salter Construction Inc. is the contractor.
The only other similar project underway in downtown is the $3 million John Daly's Steakhouse project that includes four 1,000-SF lofts.
Developers had been pushing for a June 1 opening date at 912 Front St., but S.A.M. Group CEO Adam Waldron told Whispers last week that the opening had been pushed back to August.