June 2019: Iconic Real Estate Investments entered into a purchase-and-sale agreement to sell the 1.77-acre site at 102 A. Philip Randolph Blvd. to Rise Properties LLC, part of Rise Development. The property, bounded by Adams, Forsyth and Lafayette streets and A. Philip Randolph Boulevard, is occupied by the George Doro Fixture Co.
Dec. 13, 2019: Rise: A Real Estate Company announced its plan for a project including a five-story, 247-unit market-rate apartment building with retail space, a parking garage and amenities. The first-floor design included 5,000 square feet of retail space. The rooftop plan included a 3,300-square-foot indoor-outdoor bar and lounge with a pool and recreation area.
May 14, 2020: The Downtown Development Review Board approved the final design of the project with the condition that Rise obtain a building permit for vertical construction before demolishing the George Doro Fixture Co. structure.
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