(DNAINFO)  Leslie Albrecht | November 30, 2015 — A developer with roots in the neighborhood is planning a residential and commercial project at the site of the Key Food grocery store on Fifth Ave and Sterling Place, DNAinfo New York has learned.

Avery Hall Investments is in contract to buy the parcel at 120 Fifth Ave. and hopes to close on the deal in the second half of 2016, a spokesman for the developer said. The property is now home to one of the largest grocery stores in Park Slope and a sizeable parking lot.

If all goes as planned, Avery Hall Investments will build a residential and commercial development that will include some affordable housing, said Ethan Geto, a spokesman for the developer.

Source: Park Slope Key Food Site Targeted For Residential Project – Park Slope – DNAinfo.com New York