The three-story project will comprise 18 shipping containers retrofitted for apartments.
The city issued the foundation permit March 18 for the Ashley Street Container Lofts in the Cathedral District Downtown.
JWB Real Estate Capital, through Hoose A LLC, bought the property to develop an 18-unit apartment complex made up of shipping containers.
ShayCore Enterprises Inc. is the contractor for the $25,000 foundation project at 412 E. Ashley St.
Fisher Koppenhafer Architecture Interior Design is the architect.
JWB Capital proposes to retrofit the shipping containers into 320-square-foot apartments among three stories. Rent would be $550 a month.
JWB President Alex Sifakis said in May the containers would be manufactured and retrofitted off-site. The completed containers would be shipped to the property for assembly.
Plans call for the west exterior wall of the container apartments to feature an urban mural.