In 2019, NewTown Macon completed a $2.7 million rehabilitation of the historic building at 520 Mulberry St. to further our organizational goal of increasing the number of downtown residents. The property includes twelve luxury lofts and two commercial storefronts that are homes to Oldham Opticians and Harp & Bowl. Rents from Spearman Lofts and commercial tenants support NewTown’s mission.
Rents for the units range from $1000-$1600. Rent prices are based on square footage and recently renovated apartments in downtown Macon are currently leasing from $1.75 to $2.00/square foot on average.
LEASING NOW! View the floor plans below or view photos and details of each individual loft on our Cozy profile by clicking the button below.
Spearman Lofts Floorplans
Click image to view larger floorplan
This historic building was built as the Plaza Hotel in 1904. The building was last renovated in 1959, when the ground floor was redeveloped to incorporate two storefronts and the second and third floors were renovated for office space. The fourth floor, however, had never been updated or reused since serving as a hotel. NewTown began rehabilitating the building in 2017 and completed construction in early 2019. NewTown’s rehabilitation of the property includes 12 loft apartments on the upper three floors, including studios, one and two bedroom units, all with amazing views of downtown. The fourth floor rooms are the most unique with a historic skylight in the lobby, original molding, and unique unit layouts.