Yesterday I called Mick Rossley, vice president of the Crosland Group, the deveoloper of ilume, to get an update on the Cedar Springs Road mixed-use project.
Crossley told me that roughly 40 percent of the building is now open, and that more than 70 of the 300 residential units have already been leased. Of those, about 35 are occupied.
“Technically everything facing Cedar Springs is occupiable,” Rossley said. “We’ve got people living in the property right now.”
Rossley said he expects the “amenity space” to be complete within the next few weeks, including the lobby and onsite leasing center, a great room, a champagne room and a fitness area. He added that he expects the 23,000 feet of ground floor retail to begin opening in October.
“Half of it we’ve signed leases on, and the other half we’ve identified our retailers and we’re in the process of finalizing our leases,” Rossley said. “We feel fortunate to have a great roster. It’s a who’s-who tenant list, and I think it speaks volumes about the street we’re on.”
Rossley declined to identify specific retailers, but he previously has said they will include the frozen yogurt chain Red Mango, an upscale supper club called Dish, a convenience store/deli and a dry cleaner’s. Rossley said he expects the remaining residential portions of the building to be complete by the end of the year.
“We were originally targeted for Januray 2010, but I think we’ll beat that,” he said.
For more information on ilume (or if you just want to hear some funky music), go here.
3 Comments
I watched a lonely little man staring acorss the way towards JR’s from his penthouse view at the ilume – it looked like a dreamy apartment…but I couldnt help but stare back off JR’s balcony back at him, that solo sillouette propped against the window seal gazing out at a bussling Cedar Springs on a Monday night – wondering – was he having second thoughts or grinning thinking to himself, “I have arrived!” -?
Food for thought.
Thanks for the update. I’ve been curious about this building’s progress since they’ve been advertising heavily. Glad to know they’ve reached 70 leased units. Please let us know when Red Mango opens, since I’ve been waiting to check them out ever since they announced their location here.
Also, the store/deli has long been identified as “Beyond the Box” so they should be mentioned in your story.
Also, any update on 4242 Cedar Springs? Last I saw it, demolition was halfway done. Hopefully this project is not dead or on hold.