The Maxwell moves forward without apartments

The Bond Companies has apparently made a major change in its plans for The Maxwell, a development at Clinton, Canal and Roosevelt.

Earlier plans called for a mix of retail and residential on the 3.9 acre site. The residential component would have included 370 apartments above 200,000 square feet of retail. That plan faced several challenges, not the least of which was the need to rezone the property to allow residential usage.

The company’s website is now indicating that the development will be limited to nearly 216,000 square feet of retail space and is slated for Spring 2014 occupancy.

A hat tip to Kippis at SkysraperPage for alerting us to the change.

I’ve removed The Maxwell from our roster of new downtown apartment projects.

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