Midland Wall Street Lofts ring opening bell in Nov.

MIDLAND – The $17.4 million, 108-unit Wall Street Lofts in downtown are nearing completion, and will be ready for tenants by November 2014, according to developer Roger Gault.

The Lofts will include one- and two-bedroom apartments ranging from 605 sf to 1,136 sf. A top-floor clubhouse with flat screen televisions and a kitchen will complement the Lofts’ pool and fitness center.

The 5,000 sf of retail space in the bottom of the building has not yet been leased.

The four-story lofts will be released floor-by-floor, with the top floor, leasing office and club room coming online first. The parking garage should also be completed in mid-November.

Private funds provided $12 million of the construction costs, and the City of Midland, in conjunction with the Midland Development Corp. (MDC), provided $5 million for construction of the parking garage.

The land that the Lofts sits on, which was valued at $350,000, was provided for the project at no charge through the city’s Tax Increment Reinvestment Zone Board.