Reading Time: < 1 minute
US: A four-storey building under construction in Santa Rosa, California, will combine serviced apartments and rental properties.
Construction crews have started work at the Art House, on the intersection of Seventh and Riley streets. The Hugh Futrell development will include 21 apartments for rent at market rates and 15 extended-stay units above an art gallery.
Futrell said the project is expected to be completed by mid-2020.
Futrell’s partners in the Art House project are Zach and Stephanie Berkowitz, who are developing a six-storey, 104-unit building at nearby 420 Mendocino Ave., and Santa Rosa-based real estate investor Altus Equity Group. Summit State Bank is financing the project.</p
