New owners of the Gramercy real estate project have resumed construction on what was once called ManhattenWest before it was abandoned by its original developer during the recession. The new owners are calling their Gramercy project an "icon urban-style enclave" as demonstrated by the image below. The image depicts an architect's rendering of the Gramercy retail-office-residential complex, currently under construction near the 215 Beltway and Russell Road.
The 20-acre development is expected to hold 200,000 square feet of retail and offices, a nine-story residential tower with rooftop pool and party deck, as well as other amenities. Developers are hoping to move the first residential and office tenants into the complex this upcoming summer.
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Image: THE KRAUSZ COMPANIES