Highland Mall redevelopment continues

ACC Highland is getting its first multifamily development. Yesterday, RedLeaf Properties and Greystar Real Estate Management announced plans for a new mixed-use community on the site of the former mall. According to a statement about the project, the development – designed by the Michael Hsu Office of Architecture – will be four and five stories and feature “approximately 300 units, of which 30 will be reserved as income-qualifying affordable units. Approximately 5,000 square feet of retail for locally oriented businesses will wrap a parking garage that will be hidden from view.” The community will replace a surface parking lot that served the former shopping mall. RedLeaf and Greystar anticipate a groundbreaking this fall, with the first apartments scheduled to be completed in 2017.