Site plans showing how a developer wants to turn an industrial property on Third Street into apartments and retail space will be reviewed this month by a city of Wilmington panel.

Tribute Companies plans to put 53 multi-family residential units and 3,700 square feet of commercial space in two buildings on 2.43 acres of land, in what has been used as a warehouse complex in the past at 1510 S. Third St., according to site plans and a news release from the developer. The site plans are expected to be considered by the city's Technical Review Committee at the panel's Aug. 27 meeting on the fourth floor of 305 Chestnut St. in downtown Wilmington.

The project is the second phase of South Front Apartments, what Mark Maynard, co-director of Tribute Investment & Development Inc., describes as "a successful redevelopment of abandoned public housing into environmentally friendly Class-A apartments." 

Last month, a rezoning of the property, which sits across from the Satellite Bar and Lounge at 120 Greenfield St. and about a four-minute walk from South Front Apartments at 1400 S. Second St., paved the way for the development to move forward, Maynard said. The decision changed the property's zoning designation from light industrial to urban mixed use.

South Front Phase II is expected to build upon the success of its predecessor, he said. 

“South Front Apartments, with 216 units, is 100 percent occupied and has had a resident waiting list since opening," Maynard said in a news release. "It is our hope that South Front Phase II development will further contribute to the vibrant and flourishing area of South Front.”

Maynard added that Tribute is currently seeking tenants for the commercial space that is incorporated into the plans for Phase II.