Granted, the existing Flats East Bank apartment building has 240 apartments in a structure having 7 usable stories although the ground floor is an open double-floor so the building looks like eight stories tall. Consider the land area occupied by this large building. It's huge! The building itself (less parking) measures more than 300,000 square feet! The space that might be taken by the new apartment tower is not so expansive. In fact, at most the surface area it might cover could be about 45,000-50,000 square feet. Now if the plan for the Phase III apartment tower will continue to offer 300 apartments (nearly the same as Lumen's 318 units which, BTW,, is costing $135 million vs. Flats East Bank's $150 million Phase III) and occupy a smaller surface area than the Flats phase II apartment building, then we're talking a pretty tall building. The question is, how big will this tower's floorplates be? As noted above, it would be roughly the southern half of the parking lot at West 11th and Main. If you take it literally that it will be exactly the southern half, then the larger red polygon is that southern half, representing the 45,000-50,000 square feet. But I recall seeing past renderings that a parking deck could be built along the Waterfront Line side of this lot. If so, then we may be talking the left half of that polygon. If so, then the floorplates of the apartment tower may be much smaller, like 20,000-30,000 square feet.
Look at the site graphic for a comparison of the potential areas involved. We have an expansive area for the existing 240-unit apartment, 7-to 8-story building vs. a possibly small area for the 300-unit apartment building. The floorplates will determine the height. We already have a pretty good idea of the number of units (about 300) and the cost (about $140 million--that will also include the retail/movie theater/parking). We'll see what Wolstein has in mind. I'm betting 20+ stories including the multi-level retail/movie theater/parking base structure.
Old renderings had the tower closer to the Phase 2 apartment building. Although this rendering has the tower much shorter. And this older lease plan did have the parking garage up against the WFL.