At the 360 State development downtown, construction workers have been adding one and a half stories per day.

“So far, we’re lucky to have stayed on time and on budget,” said Ed Janus, operations manager of the $190 million project.

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Construction of the 32-story building is due for completion by the end of the year, its developer, Bruce Redman Becker SOM ’85 ARC ’85 said Friday. Becker, who will present construction updates to downtown community leaders in a meeting Tuesday, said prospective tenants will be able to rent the building’s 475 apartments later this fall. He said workers at 360 State’s sales office will set the price for apartment leases when the office opens this spring.

Although most of the six business owners interviewed said they were excited about the project because the development would bring more business, three owners said the construction has been somewhat problematic. Two of the owners said they had a problem with the construction noise, and one said the site has become a safety hazard because of fallen debris.

The 360 State development — also known as the Shartenberg redevelopment project, after the Shartenberg department store that once stood on the site — will feature environmentally friendly design, said Becker, who is the president of the Fairfield, Conn.-based Becker & Becker. The 400,000 square-foot building, which is bound by Orange, State and Chapel streets and will have a gold or platinum LEED rating, will contain street-level retail, an early childhood center, a bike shop, a grocery store, 500 above-ground parking spaces and 475 mixed use apartments, he added.

Becker said he expects many future customers to be Yale professors and graduate students. Other potential clients, Becker said, include commuters who work in downtown New Haven, elderly people who want to walk instead of drive, and owners of new businesses who want an office downtown.

All six business owners interviewed said the community will be livelier with more people living there.

“The building is great, [and] it’ll bring business,” said Antony Poleshek of Orangeside Luncheonette, at 135 Orange St.

But some business owners expressed concerns over the development. Samantha Galberth, the owner of the salon Style 2000, which is next door to Orangeside, said she disapproved of the project because high-end apartments would be “unaffordable” for her clients. Ramesh Patel, the owner of Bauby’s convenience store, added that the construction has been noisy, though it is only temporary.

And Curtis Packer, of Bru-Café at 141 Orange St., said a cog nut from the construction site fell and nearly hit his store.

“They never did apologize,” Packer said.

Janus said the allegations of fallen debris were being investigated.

Before the development, which started last December, the site was a vacant lot for 41 years.