Developer J. Milton & Associates is planning a rental project called The Arts Luxury City Rentals, according to a sign recently installed at the property.
The project is planned on a lot owned by the developer at 38 Northeast 17 Street. It has nearly an acre of land, and most of a city block.
J. Milton paid $7.3 million for the property in 2015.
Over 1,200 units are already under construction within a block.
Across the street, 513 units are under construction at the Canvas condo site. One block away, Melo Group has 710 rental units under construction at the Square Station project.
the arts site, with canvas and square station in background: