Representatives from Arcadia Management, owners of the Lyric at Carleton Place and the Carleton Place Lofts on University Avenue, presented preliminary plans to build a “micro-unit” apartment complex behind the Carleton Place Lofts at the Sept. 3 Land Use Committee meeting.
The project would be built on the property behind the Lofts between Charles Avenue and Territorial Road. The four-level building would feature 75 350- to 400-square-foot units that would rent in the $800 range. The building would feature underground parking.
Neil Reardon of UrbanWorks Architecture told the committee that the project is in the “very early stages” but could begin construction in spring 2016.