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Goode to break ground in 2012 on office, retail building

Goode Properties is moving forward on a mixed-use project at Idlewild and Monroe roads, company owner Roy Goode said.

Construction hasn’t begun, but plans are being drawn for the 20-acre site, Goode said.

Last year, Goode won a rezoning for the site, which used to be zoned MF-17, or multifamily housing, but is now MUDD, or multiuse development district. The new zoning allows the project to feature 100,000 square feet of office and retail space and leaves open the possibility for Goode to carry out a plan to add as many as 275 apartments at the site.

The site already features roughly 337 apartments in 59 buildings.

Goode said he plans to break ground on the retail and office building before the end of this year. He said he’s hoping the space will be occupied by businesses that have been displaced because of the widening of Independence Boulevard.

Goode said he bought the 20 acres in 1993 for $3.5 million and has invested $6 million in improvements into it.

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