Forest Arms Apartments to get new lease on life: Developer buys Midtown property

Forest Arms Apartments, which went down in a fire early last year, have been bought by a developer in hopes of restoration.

Excerpt:

After a tragic fire decimated the Forest Arms Apartments last year, one could be forgiven for assuming that its future held nothing but a wrecking ball. Luckily, Midtown developer Scott Lowell has purchased the building and plans to completely rehab it.

The five-story building, located at Second and Forest, has 74 small residential units, all one-bedrooms and studios. "There's a market for that," says Lowell.

Read the entire article in Model D here.


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