WORK is progressing on an $8.5 million serviced apartment block in Kinghorne Street, Nowra.
The four-storey block of 44 serviced apartments was approved in December for the site of the former Nowra Mazda car yard on the corner of Kinghorne and Plunkett streets.
It will also include a block in Plunkett Street.
The development was lodged with Shoalhaven City Council by the Ai Group.
It is believed construction certificate documentation is being finalised for the project.
The development is described as four-and-a-half star, self-contained serviced apartments, designed for the travelling professional.
The development would also incorporate some larger suites for family groups.
There will be one one-bedroom, 40 two-bedroom and three three-bedroom apartments.
The development will also include one retail tenancy as well as basement car parking for 55 vehicles.
There will be a conference room, gymnasium and a courtyard area.
It was earlier stated that the building process would take nine to 12 months.
Shoalhaven City Council has also received an application for another serviced apartment complex for Nowra.
The second proposal for nine apartments, valued at more than $800,000, is also planned for Kinghorne Street, Nowra, just south of the Nowra Mazda site.
The complex has been designed by Craig White Building Design, for Texi Pty Ltd, whose director is John Lawrence, and is planned for a block at 148 Kinghorne Street, south of the Church of Jesus Christ of Latter-Day Saints and north of the existing Parkhaven Motor Lodge.