Optimist Park / Belmont Projects

[Niner National]

48 minutes ago, mazman34340 said:

I pray to god I can get a couple lots in the Belmont area soon. I hope to build a Duplex. Once the empty lots price out for 60k, duplexes don't really pencil in anymore. The zoning is nonsensical so that doesn't help.

This neighborhood has so much potential. Being slightly isolated between noda and PM, I like to think of it as being slow cooked while developers crap out apartments on central.

If you're looking for $60k lots in Belmont, you better find a way to go back in time.

Empty lots in Belmont are selling for over $100,000, with $150,000+ not being out of the question.

[SgtCampsalot]

Just gotta wait until the next crash!!!

[Desert Power]

Anybody know what is going on with construction at the Cordelia Park?

[Third Strike]

I'm not familiar with the Belmont area, but are there any plans to renovate this old building on the corner of Pegram and Belmont? Sorry if this was asked a few pages back:

https://goo.gl/maps/WCRvrrAkG1w

 

[Guest]

12 minutes ago, Third Strike said:

I'm not familiar with the Belmont area, but are there any plans to renovate this old building on the corner of Pegram and Belmont? Sorry if this was asked a few pages back:

https://goo.gl/maps/WCRvrrAkG1w

 

A gentleman purchased the building around a year ago. I heard from the man himself he is in contact with a 'prominent restauranter' and if things work out it could be a pub or eatery with residential units on top.

And if fatback queen is getting setup again Belmont will not only have one but two local places to eat.

[SgtCampsalot]

10 hours ago, Desert Power said:

Anybody know what is going on with construction at the Cordelia Park?

The Little Sugar Creek greenway. Eventually they'll dig under Parkwood Ave to connect.

9 hours ago, mazman34340 said:

A gentleman purchased the building around a year ago. I heard from the man himself he is in contact with a 'prominent restauranter' and if things work out it could be a pub or eatery with residential units on top.

And if fatback queen is getting setup again Belmont will not only have one but two local places to eat.

I wish that corner of Pegram/Belmont had commercial structures (or at least empty space for some) on one of the other corners of that intersection. There's two houses, and the bare fenced-off corner of the warehouse parking lot. Maybe someone can set up an improvised seating area there.

 

Edited July 4, 2016 by SgtCampsalot

[SgtCampsalot]

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Edited July 4, 2016 by SgtCampsalot
Duplicated Post

[Guest]

Good news.... uhhhh maybe bad news.... maybe catastrophic news.

The six properties including the corner brick building, and Fatback Queen building are now being packaged together for a bid, minimum three million dollars.

I met the small scale developer who had plans for the brick building. Perhaps his plans didn't pencil in. I sware he mentioned another developer offered him for an apartment building.

Situation is now precarious.

[SgtCampsalot]

4 hours ago, mazman34340 said:

Good news.... uhhhh maybe bad news.... maybe catastrophic news.

The six properties including the corner brick building, and Fatback Queen building are now being packaged together for a bid, minimum three million dollars.

I met the small scale developer who had plans for the brick building. Perhaps his plans didn't pencil in. I sware he mentioned another developer offered him for an apartment building.

Situation is now precarious.

Noooooooo! 

[DEnd]

On ‎7‎/‎3‎/‎2016 at 5:54 PM, Niner National said:

If you're looking for $60k lots in Belmont, you better find a way to go back in time.

Empty lots in Belmont are selling for over $100,000, with $150,000+ not being out of the question.

Really?  Just over a year  ago (or is it two now?)  I could have gotten a lot around there for 40K or so.  And what amounted to a tear down for about 50K.

There are a couple of lots in there going for 70-75K right now...   There are a couple in some form of contract for 45K and 35K. 

 

[Niner National]

On 7/12/2016 at 9:38 PM, DEnd said:

Really?  Just over a year  ago (or is it two now?)  I could have gotten a lot around there for 40K or so.  And what amounted to a tear down for about 50K.

There are a couple of lots in there going for 70-75K right now...   There are a couple in some form of contract for 45K and 35K. 

 

On zillow, there were several that were just lots for over $100,000. I saw the two for 75. 

I almost bought a second house in Belmont last year because it was only $50k. It looked like it might have had foundation issues, so I passed on it. I didn't mind renovating an existing building, but I didn't want to do a full tear down and rebuild.

[SgtCampsalot]

This is the status on those townhomes on Myers St and 15th St, by the greenway:

Can I tell you a secret? I hope they fall through. That's a beautiful spot for a home, but you're ruining it for everyone else with those garage doors.

[kermit]

^ Agreed. That part of town has AMAZING potential, its a real shame to squander it.

[SgtCampsalot]

Peridot on the Greenway's Facebook page

Looks like they're selling them up first. Well dang.

[PMrez]

$3 million??? Is that anywhere close to reality for something zoned r5?

[Guest]

17 hours ago, PMrez said:

$3 million??? Is that anywhere close to reality for something zoned r5?

Either a developer already has plans coming for a large apartment, or I'm pretty sure this deal will fall apart.

It would be much better to incrementally build up those lots, and not demolishing the historic properties.

 

As for the Peridoe Townhouses, that is not modernist architecture. It's pure cancer.

Edited July 16, 2016 by mazman34340

[Guest]

The Baptist Church in Belmont is finally going to sell off some of it's land and allow a developer to build 112 units of affordable housing. It will be a mix of apartments for elderly and townhouses for families who make only 60% of local AMI.

Thoughts are mixed. Belmont already has plenty of subsidized housing, at about 50%. I won't join the NIMBY's though.

What Belmont really needs is to preserve (and perhaps help fix up) it's existing small businesses and try to open up an eatery. I don't expect Belmont to have a corridor of small businesses like Noda but it can hold it's own.

[CLTProductions]

North Brevard Brewery Proposed site development for an approximately 10,000 sf brewery, with associated parking   This is planned for: 1812 N BREVARD ST CHARLOTTE NC 28206. It's an empty lot which means they would develop from scratch. That is a LOT of money, I feel like this won't be a local brewery, could be a major player

[archiham04]

^^ I think this is exactly what Belmont needs.  I would like to see the area stay affordable, but improve.  I think this does both.

[Matthew.Brendan]

Here we go. That whole strip is going to be a replica of South End, for better or worse. 

[tozmervo]

36 minutes ago, archiham04 said:

^^ I think this is exactly what Belmont needs.  I would like to see the area stay affordable, but improve.  I think this does both.

shush, don't let Optimist Park residents hear you say that

[cltbwimob]

9 hours ago, Jayvee said:

North Brevard Brewery Proposed site development for an approximately 10,000 sf brewery, with associated parking   This is planned for: 1812 N BREVARD ST CHARLOTTE NC 28206. It's an empty lot which means they would develop from scratch. That is a LOT of money, I feel like this won't be a local brewery, could be a major player

I'll take a SWAG at who it might be...Atwater from Detroit.  A few years ago the local media reported that they were scouting NC for a production brewery.  However, 10,000 sf is a little small for a production facility that is ultimately, according to the media reports, supposed to have a capacity of 100,000 bbl per year.  If it is Atwater, it will be a super solid addition to the Charlotte Beer scene.  I recently had a chance to visit their brewery in Detroit and it was awesome.  

[SgtCampsalot]

Brewery from scratch? Strange. Give it a good street frontage and sure, whatevs.

[SgtCampsalot]

Just got a notice in the mail for the meeting next week for Rezoning 2016-130, by White Point Paces Properties (the same group doing the Highland Park Mill renovation) for a 0.632 acre site right across the street at the corner of N Brevard and Belmont Ave. Anyone know what's being planned there? Apartments? It's pretty small compared to most others, but they seem to be a conscientious company.

So far the lot's including all of these houses. I just hope it doesn't gobble up the old Belmont Wiping Cloth Co. building.

 

Edited September 8, 2016 by SgtCampsalot

[CLTProductions]

Just now, SgtCampsalot said:

Just got a notice in the mail for the meeting next week for Rezoning 2016-130, by White Point Paces Properties (the same group doing the Highland Park Mill renovation) for a 0.632 acre site right across the street at the corner of N Brevard and Belmont Ave. Anyone know what's being planned there? Apartments? So far the lot's including all of these houses. I just hope it doesn't gobble up the old Belmont Wiping Cloth Co. building.

 

It's going to be a complement to the Highland Mill project....stay tuned