Gallery 1014’s rents will range from $950 for a one-level, one-bedroom apartment to $2,295 for a two-level, three-bedroom unit. The building has about 40 indoor parking spots. It will have no active storefronts, but one space will have a display that will mimic an old-fashioned fruit stand, including a 1928 Ford Model A pickup.

In addition to Gallery, common to Hayden’s projects is the absence of tax credits, tax abatement or other public incentive. He doesn’t seek such public help and said each project should “debt-cover itself.”

Apartment Parking

Hayden’ s next downtown project could be his most unusual. He owns most of the block bounded by North Broadway and Olive, Sixth and Locust streets. The block includes the Millennium Center and the former home of the Mercantile Library. The only property outside his ownership are two buildings that a developer from Chattanooga, Tenn., intends to redo as a Hotel Indigo.

Planned for Hayden’s adjoining buildings, which range from five to six stories high, are apartments that would have parking at their front doors.

Ramps inside the buildings would allow residents to drive to their apartments on what, in effect, would be indoor streets. The interior ramps would have to be constructed.