Wood Partners starting construction at Brevard and 25th Streets in Charlotte

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An Atlanta-based devel­op­er is kick­ing off con­struc­tion on new apart­ments next to the Blue Line light rail exten­sion, in the Opti­mist Park neigh­bor­hood near NoDa.

Wood Part­ners has closed on its acqui­si­tion of a 2.3-acre site, pay­ing more than $5.3 mil­lion for land at 25th and Bre­vard streets. That’s next to the 25th Street light rail sta­tion, set to start pas­sen­ger ser­vice by March 2018. The site is cur­rent­ly used as a truck yard.

The com­pa­ny is build­ing a 261-unit apart­ment build­ing, which has yet to be named. Wood Part­ners expects to com­plete the apart­ments by ear­ly 2019. Ameni­ties will include a salt­wa­ter pool, lounge, game room and pub­lic kitchen area for res­i­dents.

 

Work begins on $35 million, new downtown luxury apartments in Triad

The West End in down­town Win­ston-Salem will be home to a new lux­u­ry apart­ment com­mu­ni­ty.

West End Sta­tion, a 229-unit build­ing with mod­ern ameni­ties, includ­ing enclosed park­ing, salt­wa­ter swim­ming pool, fit­ness cen­ter, ele­vat­ed and land­scaped court­yards, is sched­uled to open in about two years, accord­ing to devel­op­ers DPJ Res­i­den­tial and Chaucer Creek Cap­i­tal

For full arti­cle click here http://www.bizjournals.com/triad/news/2017/04/19/new-35-million-downtown-luxury-apartments-in-triad.html

Get ready for more construction on Stonewall Street: New apartments are starting in February

The busiest street for devel­op­ment in Char­lotte is about to see anoth­er project kick off: Prof­fitt Dixon has closed on the pur­chase of its Stonewall Street site and plans to start con­struc­tion in Feb­ru­ary.

The Mon­tage, as the project is known, will be on the for­mer site of the Actor’s The­atre and an adja­cent par­cel of vacant land next door that was owned by the city of Char­lotte. Prof­fitt Dixon bought both sites, total­ing about 2.6 acres, for $8.6 mil­lion this week. Designed by Axiom Archi­tec­ture, the Mon­tage is expect­ed to total 230 units, with ground-floor retail.

Prof­fitt Dixon expects the first apart­ments will be avail­able in late 2018. The Mon­tage apart­ments are the sec­ond build­ing the Char­lotte-based com­pa­ny has devel­oped on Stonewall Street. A few blocks away, at Stonewall and McDow­ell streets, Prof­fitt Dixon devel­oped the Pres­ley apart­ments.

The market’s response to our Pres­ley project at Stonewall and McDow­ell has been remark­able,” said man­ag­ing prin­ci­pal Stu­art Prof­fitt. “That expe­ri­ence has made us eager to be a part of the district’s con­tin­u­ing evo­lu­tion.”

The south side of Stonewall Street is set to com­plete­ly trans­form in the next few years. From Bank of Amer­i­ca Sta­di­um east, in order:

▪ Lin­coln Har­ris is build­ing a major mixed-use devel­op­ment on the for­mer site of the Observ­er, start­ing with a 30-sto­ry office build­ing.

▪ Cres­cent Com­mu­ni­ties is plan­ning a mixed-use devel­op­ment and office tow­er called Try­on Place.

▪ Cres­cent is build­ing a Whole Foods-anchored devel­op­ment with 450 apart­ments and two hotels next to the Blue Line light rail, called Cres­cent Stonewall Sta­tion.

▪ North­wood Ravin last week kicked off a high-rise apart­ment devel­op­ment that will include 421 apart­ments.

▪ Then there’s Mon­tage, this Prof­fitt Dixon project.

▪ BK Part­ners is plan­ning to buy and rede­vel­op the coun­ty-owned Bob Wal­ton Plaza build­ing as part of its Brook­lyn Vil­lage plan.

For those keep­ing track, yes, almost every sin­gle tract of land on Stonewall Street between the sta­di­um and the I-277 loop is being rede­vel­oped. The one excep­tion is the West­in hotel, which is stay­ing put – but direct­ly behind it and just off Stonewall Street, the 615 South Col­lege office tow­er is near­ing com­ple­tion.

Betting big on South End

Char­lotte archi­tect and devel­op­er David Fur­man brought an ini­tial con­cept for what would even­tu­al­ly become Cam­den Gallery to Cam­den Prop­er­ty Trust in 2012. It was an oppor­tu­ni­ty the firm’s prin­ci­pals couldn’t pass up, espe­cial­ly con­sid­er­ing its loca­tion on the LYNX Blue Line in boom­ing South End.

We already had a great pres­ence in the South End sub­mar­ket and anoth­er site in pre-design, so it was a quadru­ple-down in the mar­ket,” said Will Smith, direc­tor of real estate invest­ments at Cam­den.

For full arti­cle click here http://www.bizjournals.com/charlotte/news/2016/10/28/betting-big-on-south-end.html

A new generation of tenants at 1616 Center

When it deliv­ered late last year, 1616 Cen­ter addressed two needs in South End — cre­ative office space and ground-floor shops. Designed by David Fur­man, the 76,000-square-foot mixed-use project, devel­oped by Char­lotte-based Bea­con Part­ners, was envi­sioned as a unique prod­uct that would visu­al­ly reflect the neighborhood’s dynam­ic char­ac­ter and serve a need in the mar­ket. The build­ing quick­ly leased up.

The five-sto­ry build­ing sits at one of South End’s prime inter­sec­tions, next to Price’s Chick­en Coop at Cam­den Road and Kingston Avenue. Adding to its val­ue is its prox­im­i­ty to the LYNX Blue Line, steps away from the building’s front door and an eas­i­ly mar­ketable ameni­ty for retail and office ten­ants alike.

For full arti­cle click here http://www.bizjournals.com/charlotte/news/2016/10/28/a-new-generation-of-tenants-at-1616-center.html

Charlotte construction firm upfits 1930s-era hangar for new office

Char­lotte gen­er­al con­trac­tor Edi­fice Inc. recent­ly made a move from one adap­tive-reuse office space to anoth­er in South End.

Edi­fice relo­cat­ed this week from the for­mer Coca-Cola bot­tling plant on West More­head Street to the build­ing at 4111 South Blvd., a struc­ture built as two air­plane hangars in the 1930s. The 20,000-square-foot build­ing was dis­man­tled and moved in 1955 to its cur­rent loca­tion in the Sca­ley­bark part of South End, where it has since housed a crane-rental com­pa­ny, a tile shop and a box­ing gym.

For full arti­cle click here http://www.bizjournals.com/charlotte/news/2016/11/04/charlotte-construction-firm-upfits-1930s-era.html 

10 Tryon is picking up steam again with some big changes

The project, as pre­vi­ous­ly report­ed, will con­sist of two phas­es of office, retail and a Pub­lix. The first phase will con­sist of near­ly 90,000 square feet of of Class A office space.

What I love about it is that it stays true to the North Try­on vision. It’s not gigan­tic, the mass­ing aligns per­fect­ly with the Sky­house build­ings, the archi­tec­ture is unique and col­or­ful — and most of all, it’s inter­est­ing.

For full arti­cle click here https://www.charlotteagenda.com/64829/10tryon-picking-steam-big-changes/

Ten Tryon to add ‘non-corporate’ office space, full-service grocer to uptown

 

A project set to break ground next year could help cat­alyze momen­tum in north­ern uptown, which has lagged in devel­op­ment as the rest of cen­ter city booms.

A mixed-use devel­op­ment called 10 Try­on, led by David Fur­man of Cen­tro City­works and Charles Camp­bell of Flag­ship Cap­i­tal Part­ners, is planned for 631 N. Try­on St., between Ninth and 10th streets — a 1.4-acre site adja­cent to Sky­House Uptown. Cen­tro and Flag­ship are under con­tract to pur­chase the prop­er­ty.

For full arti­cle click here http://www.bizjournals.com/charlotte/news/2016/09/09/david-furman-10-tryon-to-add-non-corporate-office.html 

Axiom’s New Promotion

Axiom Archi­tec­ture is excit­ed to announce the pro­mo­tion of Matt Brown to Asso­ciate.  Matt is a licensed archi­tect, an AIA mem­ber, and a val­ued leader at Axiom for near­ly 4 years.

See Busi­ness Jour­nal Recog­ni­tion Plaque here

 

Camden is managing to fit quality townhomes on an awkward piece of land near Uptown

One of my favorite type of projects right now are infill town­home projects. Projects in South End like Helix, Lumi­na and Cen­tral Liv­ing at Car­son are fan­tas­tic uses of small or odd land and I love that they con­tin­ue to pop­up in the area.

Enter: Cam­den. Last year the city sold the plot of land in between Cam­den Grand­view and I-277 for $4.1 mil­lion and now Cam­den has acquired the land and plans to devel­op rental town­homes.

The land is incred­i­bly awk­ward and I give major props to Cam­den for inte­grat­ing a res­i­den­tial project in with their exist­ing apart­ment build­ing (all the while mak­ing sure they main­tain their views at Cam­den Grand­view).

Cam­den is doing some­thing a bit dif­fer­ent here than the oth­er town­home com­mu­ni­ties. Apart from being on awk­ward land, these are going to be for rent. No word on pric­ing yet though.

The project will con­sist of 28 well-designed town­homes rang­ing from one to three bed­rooms. There are around five dif­fer­ent floor plans and each one will be four floors with a two car garage and their own unique set of fea­tures. I spoke with Will Smith (not the actor, but that would be cool) who is the devel­op­ment man­ag­er at Cam­den and he told me about some of the cool­er fea­tures.

One of the floor plans will have a top floor enter­tain­ment focused space com­plete with a dumb­wait­er direct­ly to the kitchen. I par­tic­u­lar­ly enjoy this one. Need some ice in the enter­tain­ment area, send it up to a friend from the kitchen, so cool. Oth­ers will have an ele­va­tor and ter­race space.

Don’t be con­cerned over the 277 and South Boule­vard noise as I have been assured there will be heavy sound­proof­ing incor­po­rat­ed into each town­home. The 28 town­home own­ers will also have access to Cam­den Grandview’s ameni­ties.

There will also be 1,700 square feet of pub­lic plaza space con­nect­ing the rail trail/Carson sta­tion to this project.
Look for con­struc­tion to start this fall and wrap up ear­ly 2018 (16 month con­struc­tion sched­ule).

South Boule­vard improve­ment notes: The exist­ing left turn lane off 277 will be con­vert­ed into a left turn AND straight lane. There will also be a new left hand turn lane head­ing into the devel­op­ment (going north on South Blvd).

For full arti­cle clikc here https://www.charlotteagenda.com/57997/camden-grandview-townhomes/