118 College Avenue Construction Update, 9/2018

10 10 2018

The last of Visum‘s projects from the September photos batch is the 5-unit, 28-bedroom 118 College Avenue in Collegetown. The student-focused apartment building is topped out, fully framed, and sheathed. The mechanical penthouse, which STREAM Collaborative designed to emulate an Italianate cupola, appears to be framed but not closed in. The windows and doors have been fitted, and the balconies are partially complete. Some of the face brick can be seen on the first floor, and like the other Visum projects, the wood rails nailed over the ZIP panels will be used for attachment of the fiber cement siding. The original plans has a small top floor setback on the north face, and the projecting bays at the front (east face) were originally bumped out slightly from the side walls, but both of those features were value engineered out. At a glance, not much has changed on the outside since final approval was granted, a good sign that the project has stayed within budget – bravo to STREAM, Romig Construction and Taitem Engineering for helping Visum bring this project to fruition.

As with other inner Collegetown projects, rent will be fairly steep – $1,200 – $1,300 per bedroom per month. Visum’s property management page, Live More Ithaca, has an August 2019 availability, but I suspect this building will be finished in time for the spring semester, given how far along it is. Maybe there are renters already secured for a shorter lease period – it’s hard to imagine the building would be left newly finished but vacant for that long.


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