A developer has acquired property in Edgewater where it will soon file plans for a 57-story tower, according to the SFBJ.
Grupo T&C will file plans in Q1 2025 for a building with 600 and 800 residential units.
Some of the units will be developer-owned rental apartments, while others would be condos allowing flexible rentals.
The developer paid just over $15m for property on NE 35th Street where the new tower will be built.
Grupo T&C is also planning a separate 55-story Edgewater tower called Edge House. That building is scheduled to break ground in Q1 2025.