From today's Doug Smith:
New plan for old Power Building?
Duke Power Building Redevelopment
Started by
SmellyCat
, Feb 24 2006 08:27 AM
7 replies to this topic
#1
Posted 24 February 2006 - 08:27 AM
#2
Posted 24 February 2006 - 08:34 AM
Amazing. Crescent Resources (the real estate arm of Duke) builds condo towers all over Florida, but has no faith in its hometown. Here comes an Atlanta developer who does and will build on the site of Duke's former main office. Says a lot about Crescent. Hooray for Novare for thinking more of Charlotte than one of the largest companies headquartered here!
Edited by Miesian Corners, 24 February 2006 - 08:35 AM.
#3
Posted 24 February 2006 - 09:09 AM
I wonder if they are going to keep the lazer light show on the side?
#4
Posted 24 February 2006 - 09:21 AM
Quote
I wonder if they are going to keep the lazer light show on the side?
The one with the neon lights is the Duke Energy Center and is not being considered for demolition. Its the older 5 floor Power Buildingnext door.
#5
Posted 24 February 2006 - 10:17 AM
Novare is really going to create an awesome group of anchors if the preferred Third Ward Park site gets approved.
I really hope they keep the core/original 1927 building. It is attractive, and seems like it could be neatly incorporated into a new large project. The expansion wings should be bulldozed, though.
In some ways, this article is stating that the prospects of this site's development are more medium or long term, and not really imminent.
Who knows, though. Hopefully TWELVE will do as well as Avenue, and Novare will move more quickly on the Packard site and the Power site.
I really hope they keep the core/original 1927 building. It is attractive, and seems like it could be neatly incorporated into a new large project. The expansion wings should be bulldozed, though.
In some ways, this article is stating that the prospects of this site's development are more medium or long term, and not really imminent.
Who knows, though. Hopefully TWELVE will do as well as Avenue, and Novare will move more quickly on the Packard site and the Power site.
#6
Posted 24 February 2006 - 01:33 PM
Dubone you read my mind, I was hoping they'd find some way to save the original portion of the complex as well. The older building has some grace and charm.
Novare loves Charlotte...and so...I love Novare.
Novare loves Charlotte...and so...I love Novare.
#7
Posted 24 February 2006 - 01:35 PM
It seems like the Power building may be redeveloped before the Packard building. The Power building is already being vacated (the article said the last one out is the barber) so it will generate no revenue, whereas the Packard building is still being leased.
Edited by nc0775, 24 February 2006 - 01:36 PM.
#8
Posted 28 February 2006 - 03:05 PM
nc0775, on Feb 24 2006, 02:35 PM, said:
It seems like the Power building may be redeveloped before the Packard building. The Power building is already being vacated (the article said the last one out is the barber) so it will generate no revenue, whereas the Packard building is still being leased.













