The Ann Arbor City Council gave final approval Monday night to plans to demolish a two-story house near Kerrytown and build a three-story condo and apartment building in its place.

A three-unit rental house is currently situated on the site at 515 N. Fifth Ave., just north of East Kingsley Street. The property has a large and underutilized parking lot.

To maximize the potential of the site, property owner Robert Burskey plans to demolish the house and build an 8,400-square-foot multi-family building with two condos and two apartments.

Each unit would include two bedrooms.

Scott Bowers, the architect for the project, has described his clients as a couple looking to build their retirement nest. He said they both work in Ann Arbor.

The project is estimated to cost $925,500.

The proposed building height is 29 feet, which is one foot shorter than the maximum permitted and four feet taller than what's there now.

Some neighbors indicated previously they disliked the proposal, which they didn't think fit the scale and character of the neighborhood, but there was no protest Monday night as the council quietly and unanimously approved the project with all 11 members present.

Ryan J. Stanton covers government and politics for AnnArbor.com. Reach him at ryanstanton@annarbor.com or 734-623-2529. You also can follow him on Twitter or subscribe to AnnArbor.com's email newsletters.