Cut-Rate Sylvan LLC (partnership between Urban Realty Partners, and RAF Capital - same partnership as the GlenCastle project) has plans to develop The Murphy. The Murphy is an 115,000 square foot, historic adaptive reuse project that will repurpose 2 buildings in the West End from multi-story warehouse to Creative Offices.
At the convergence of the West End, Adair Park, and Oakland City, The Murphy is situated on the Westside Beltline spur, adjacent to the 20 acre former state farmers market and across from Stream Realty’s Lee & White street development. The former Cut Rate Box 3 & 4 story warehouses date back to the early 1900’s, with a variety of users, and has been a box warehouse since 1973.
The Creative office space at The Murphy will retain original features such as heavy timber construction and brick interiors. Plans include a 5,000sf covered rooftop deck amenity and extrior plaza areas that spill onto the Beltline spur.
The partnership also purchased two (2) 2 acre parcels on either side of the buildings, which will allow for both parking needs and future development sites. The Murphy development is located within the federal opportunity zone.
Eric Kronberg / Kronberg Wall is the architect for the project and Jason Eden / Cross-Town Realty will market The Murphy.