403 Dexter tower seems to have finally settled on eight stories

It’s been an up and down year for the development team behind the proposed tower at 403 Dexter Avenue North.

Wilshire Capital Partners came out the gate calling for a seven-story building. Then they decided to dream big in July 2015 and propose a 25-story, mixed-use tower with 280 apartments. Then a few months back they revealed plans to reduced it back down to eight stories and 91 apartments over reported concerns about construction restriction legislation that never passed.

Now, Wilshire and VIA Architecture are headed back before the design review board on December 7 and it looks like they’re sticking with the eight-story plans.

VIA

Their latest, and perhaps final, proposal calls for 98 apartments, 3,000 square feet of retail and underground parking for 50 vehicles. Units will be a mixture of open 1-BR, 1-BR, and 2-BRs. Amenity spaces will include a residential lounge and a courtyard plaza inspired by the Japanese engawa.

VIA

A one-story masonry building, which was originally a warehouse but was adapted to house an art gallery, currently sits on the property. Wilshire bought the site for nearly $4.1 million back in 2014.

• Wilshire’s 403 Dexter now 8 stories [DJC]
• 403 Dexter Avenue N [SDCI]
• Proposed 403 Dexter tower comes down from 25 to 8 stories [CS]