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Borekci, Algonquin Ventures to start work on Edgewater mixed-use project

The 7-story building will rise on the site of the old Woodruff Arcade

Borekci Real Estate and Algonquin Ventures Real Estate scored a construction permit for a mixed-use project to replace the old Woodruff Arcade in Edgewater.

The seven-story complex at Sheridan Road and Broadway will be known as “‘The Arcade,” and will feature 58 residential units over retail and a one-level parking garage for 29 cars, according to Curbed.

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It will replace a historic structure that stood at the site for 95 years.

Former owner Michael Keller sold the property to the new owners in late 2016.

The Arcade’s design comes from Chicago-based Hirsch MPG and features a serrated stone facade credited to EL (Efficiency Lab for Architecture) in New York. [Curbed] — John O’Brien

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Commercial Real EstateEdgewater
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