Steel began to rise about two weeks ago at The Savoy after months of what appeared to be little tangible activity at the site. Steel for the project had been expected to arrive since February.

Occupancy at one point had been scheduled for June 2007 (according to this December 2006 release), but now is targeted for April 2009, according to Ralph Pascale, sales manager for Maplewood Homes, a division of Dornoch Holdings.

In addition to steel shortages in the construction industry, the project was slowed down by state regulations that require archaeological studies to be done in certain areas. Work is also being done to renovate the sales trailer across the street and remove a pile of dirt from the site, Pascale said.

The four-story project at 1551 Main St. will have 36 two-bedroom and two-bath condos ranging from 1,150 to 2,000 square feet, with street-level retail and underground parking. According to those red banners on fencing at the site (photo left), units will start at $315,000.