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Firejudyrose
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1 hour ago, rumphy said:I’m no expert, but why not target buildings like this for residential conversion? It’s small in scale, (was) public owned, sandwiched between two multi family projects. This particular parcel has plenty of developable space to help connect with BKV proper.
Seems like a step or two above the NOAH (Naturally Occurring Affordable Housing, sp?) concept with hotels/extended stays.
Given it's smaller size, deferred maintenance, and ease of demolition (wide open area around it), it is probably much cheaper to tear down and rebuild than to convert. Conversion from one use to residential is much more expensive than people think, that's why all the mill apartments are generally more expensive than the new construction around them. Outside of large, hard to demolish structures (old duke energy building), or buildings with a cool aesthetic where you can charge higher rent (mills, etc.), it is almost always cheaper to tear down and rebuild.
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5 minutes ago, ABCW said:
Oof. Still has some time before it opens so I wouldn't be surprised if some are waiting for them to get desperate enough to lower the rental rates.
Most companies aren't really concerned about price, they could drop it but it won't make much of a difference. The demand for large open plan office space is just non-existent right now countrywide and Charlotte is no exception. They may have to look into converting into smaller spaces that are ready for move in. That or we get a large relocation or expansion here. Unfortunately until this leases, I don't think there will be any speculative large scale office projects starting anytime soon.
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20 hours ago, KJHburg said:
Based on the Loop Net listing not a single square foot has been leased. Whole tower is still available. Nothing is listed on the retail side.
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22 minutes ago, JeanClt said:
I’ve seen it as midtown north of Morehead st and bound by 277. Nothing else.
All the apartments on Morehead around the hospital use Dilworth in their name. I think the best border is really the greenway.
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19 hours ago, CharlotteWkndBuzz said:
Not sure size requirements for this but it would be absolutely incredible if we could utilize any of those vacant retail spots for the ACC hall of champions museum (or something similar) at LU. Would be a nice draw to LU and maybe include something along the lines of a blackfinn type restaurant as well.
The current hall of champions is 8,100 sq ft and the biggest retail spot for lease at LU is 8,500 so definitely would work. Not sure if they are really considering moving it though, I think there is some incentive money tied up in it as well.
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1 hour ago, tozmervo said:
how's the white duck taco shop? I've never been to the charlotte location.
Not sure what went wrong at kermit's visit but White Duck is straight bussin
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Legacy Union (former Charlotte Observer redevelopment)
in Charlotte
Posted
Flags going up