Sterling 411 Lofts is a ten story building at 411 E Washington Street. It features upscale housing apartments (with 2012 rents at $1705/mo for a 1br apt). Retail on the first floor includes the Babo market and a Subway sandwich shop.
This proposed development project was hard to keep track of, as it kept changing its name. Originally called "Washington Terrace", the name was changed to "City Centre Lofts", and later to "4Eleven Lofts".
The project is part of McKinley's much-hyped and Google-anchored re-visioning of the Division Street and Washington Street area, and will be built by Freed and Associates. The ten-story building, with ground floor retail and underground parking, was originally proposed as condo lofts, but is now intended as student-oriented rental apartments. Despite the indecisiveness, Freed asserts that construction will begin in October 2007, and be complete by the summer of 2009.
In the news
A Texas company is weeks from buying 4 Eleven Lofts in downtown Ann Arbor, marking the first sale of one of the city’s newer high-rises. The Dinerstein Companies of Houston has the building under contract, an official confirmed.
- Ann Arbor's 4Eleven Lofts showcase Jasman Construction's new light-weight panels, Ann Arbor Business Review, March 2009
But when an east coast contractor pulled out of the 4Eleven Lofts project on Division in downtown Ann Arbor, Jasman jumped in, and now has a working example of how the light-weight panels look on a building. And that, Jasinski said, will be extremely helpful in finding new customers.
- Ann Arbor News, October 5, 2007: Downtown Ann Arbor projects to move forward