Brooklyn Village Redevelopment in 2nd Ward

[Firejudyrose]

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. 

[tozmervo]

7 hours 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.

It's not impossible, but I'm willing to bet this particular building would be a poor candidate for it. You would need an entirely different HVAC system than what it has, the facade needs replaced, the elevators almost certainly need replaced and probably wouldn't be sized for residential, and I'm willing to bet that building has a crap ton of asbestos. 

[SydneyCarton]

https://www.charlotteobserver.com/news/business/development/article278519184.html

 

Brooklyn Village project will demolish first-of-its-kind Black-developed building BY JOSH BERGERON UPDATED SEPTEMBER 05, 2023 8:57 AM

Developers say they hope to rekindle vibrancy from Charlotte’s original Brooklyn community in place of an uptown building that sits at a critical crossroads for the city’s Black business history. Demolition is starting now on Walton Plaza — a building that, as Charlotte historian Tom Hanchett said, is “not officially a landmark, but maybe it should be.” There and at a site one block north, developer BK Partners will build Brooklyn Village — housing (affordable and market-rate), retail, office space, hotel rooms and a park….

 

The Walton Plaza section of the property will be part of Brooklyn Village South. The 11.3-acre Brooklyn Village North property sits between the Mecklenburg County Aquatic Center and the courthouse, including Marshall Park. Together, the sites will have 1,243 residential units, including at least 114 designated affordable; office and retail space; hotel rooms; and 2.5 acres of “open space,” which includes a park. Peebles said BK Partners will seek to build as many housing units as possible and that more units could mean more designated as affordable. Watt said he’s not particularly sentimental about the building because “buildings come and go,” but he’s skeptical that Brooklyn Village will truly pay homage to the community it’s named for.

Read more at: https://www.charlotteobserver.com/news/business/development/article278519184.html#storylink=cpy

Read more at: https://www.charlotteobserver.com

 

 

Edited September 5, 2023 by SydneyCarton

[j-man]

Am I out the loop. Or something. What’s all that digging and fencing on the Brooklyn Village site?

[Hushpuppy321]

On 9/16/2023 at 5:38 PM, j-man said:

Am I out the loop. Or something. What’s all that digging and fencing on the Brooklyn Village site?

Most of its been there for a year or more.  Underground utility work.  Storm Water & Water Line upgrades I believe.  Actual work on BV is set to begin with the demolition of that Old Education building.  The start of any New Construction for Brooklyn  probably won’t materialize in well into next year.

[lit]

I wonder if they'll utilize the old pedestrian tunnel that runs under Stonewall / Brooklyn Village Ave right there

[go_vertical]

17 hours ago, Hushpuppy321 said:

Most of its been there for a year or more.  Underground utility work.  Storm Water & Water Line upgrades I believe.  Actual work on BV is set to begin with the demolition of that Old Education building.  The start of any New Construction for Brooklyn  probably won’t materialize in well into next year.

They really need to give the intersection of Brooklyn Village and McDowell back.  The amount of time they have held that hostage is beyond ridiculous. 

[j-man]

On 9/17/2023 at 7:32 PM, Hushpuppy321 said:

Most of its been there for a year or more.  Underground utility work.  Storm Water & Water Line upgrades I believe.  Actual work on BV is set to begin with the demolition of that Old Education building.  The start of any New Construction for Brooklyn  probably won’t materialize in well into next year.

Not the digging of the lot. I go but there multiple times a week so I’m really referring to that part. The lot just started digging up. Thought there was an announcement that needed to be made soon. 

[Blue_Devil]

15 hours ago, j-man said:

Not the digging of the lot. I go but there multiple times a week so I’m really referring to that part. The lot just started digging up. Thought there was an announcement that needed to be made soon. 

They have actually started site work

[KJHburg]

My friend snapped this today.  Bob Walton Plaza almost gone!

 

[carolinaboy]

13 hours ago, KJHburg said:

My friend snapped this today.  Bob Walton Plaza almost gone!

 

Someone forgot to get their bookshelf.

[KJHburg]

18 minutes ago, carolinaboy said:

Someone forgot to get their bookshelf.

Only a government building would still have stuff in there to be wasted and thrown away.   This building should have been emptied out and any usuable moved to another office.  But who cares we have taxpayers to buy us new stuff. 

[j-man]

On 9/19/2023 at 11:20 AM, Blue_Devil said:

They have actually started site work

Thank you. I know the difference between site and roadwork. 

[Blue_Devil]

On 9/22/2023 at 3:39 PM, j-man said:

Thank you. I know the difference between site and roadwork. 

I actually think the first tower does go vertical in Q1 or Q2

[CLT Development]

2 hours ago, Blue_Devil said:

I actually think the first tower does go vertical in Q1 or Q2

of what decade?

[DMann]

2 hours ago, CLT Development said:

of what decade?

Oh My!

[Blue_Devil]

You’ll see!!!! You will all seeeeeeee!!! But seriously, why tear down and do the site work if they are not going to go vertical soon.

[CLT Development]

1 hour ago, Blue_Devil said:

You’ll see!!!! You will all seeeeeeee!!! But seriously, why tear down and do the site work if they are not going to go vertical soon.

They have three years after Q1 2024 to finish, so we are talking Q1 2027 completion of just one of the phases. Then they have to present Phase 2 within 3 months of phase 1's first building being built. So Q2 2027 we find out what comes next.

[RANYC]

21 minutes ago, CLT Development said:

They have three years after Q1 2024 to finish, so we are talking Q1 2027 completion of just one of the phases. Then they have to present Phase 2 within 3 months of phase 1's first building being built. So Q2 2027 we find out what comes next.

Don thinks Meck is hilarious.  Exploit a local narrative that plays on all kinds of underlying community emotions to cut a massive deal for exclusive development rights at a deep discount with a protracted duration across an inordinately large downtown footprint.  Yes, yes, do deals with certain Governments that allow for excess investment returns due to overpayment or under-valued conveyances, all in satisfaction of various emotional objectives…emotions so powerful that they blind the eyes/cloud the lens on whether a proposal provides a compelling yet responsible return on taxpayer capital.  The Brooklyn of yesteryear is as dead as Pompeii and the deal with Peebles is as asymmetric a recompense for policy wrongs of 60 years ago as you can find.

Edited September 26, 2023 by RANYC

[Conformity]

Both detention ponds are in.  Happy with the velocity of both the site works and the demolition. Credit two of the best:

-Blythe Development

- DH Griffin

[CLT Development]

3 minutes ago, Conformity said:

Both detention ponds are in.  Happy with the velocity of both the site works and the demolition. Credit two of the best:

-Blythe Development

- DH Griffin

Good to see ya Monte! Hope to hear more from you in the coming years as this project proceeds.

[CharlotteWkndBuzz]

Nonstop and moving quickly:

[RANYC]

Walton Plaza demolished and the site cleared but I don't think there's any activity happening on the site.  Fair to say that construction will not start on this before year-end?  On the flip side though, Peebles' activities are, so far, keeping a Brooklyn Village tradition very much alive and well: demolition.  

Edited December 21, 2023 by RANYC

[CLT Development]

28 minutes ago, RANYC said:

Walton Plaza demolished and the site cleared but I don't think there's any activity happening on the site.  Fair to say that construction will not start on this before year-end?  On the flip side though, Peebles' activities are, so far, keeping a Brooklyn Village tradition very much alive and well: demolition.  

pulling permits it looks like they have filed core and shell and foundation for the site, and it looks like Jefferson Apartment Group (building the project behind Autobell on Wadsworth off North Tryon as well) and Cline Design is designing the building.

[RANYC]

29 minutes ago, CLT Development said:

pulling permits it looks like they have filed core and shell and foundation for the site, and it looks like Jefferson Apartment Group (building the project behind Autobell on Wadsworth off North Tryon as well) and Cline Design is designing the building.

that's positive.