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Fifth Street / Ivey's Building Redevelopment


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#1 ScottCLT

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Posted 08 February 2007 - 11:43 PM

I have heard from several friends that live at the Ivey's building that there was a 3-hour home owners meeting tonight. The topic of discussion was an entire first floor redevelopment. Supposedly, a developer has bought the entire first floor of the Ivey's building. The developer plans to evict all current tenants (Just Fresh, Bombay Cuisine, Bojangles, China Queen, Quizno's) and redevelop the first floor as a pedestrian friendly area on 5th Street. The plan is to draw upscale restaurants and retailers and have entrances along 5th Street instead of having to go inside the Ivey's building to get to the retailers. From everyone that I talked to, it seems like the motion has passed. I think this is awesome. If it happens, 5th street will be the place to be in downtown. Already, there is Buckhead, Blue, City tavern, Conolly's, Madison's, Phil's, Brick and Barrel, The Attic, Verona, Capitol Grille, Belle's, Menage, Latorre's, and Daddy's. Adding several more will make this a really happening spot.

 

#2 dubone

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Posted 09 February 2007 - 07:25 AM

I have no clue what thread it was in, maybe the Belle's BBQ thread, but when LaTorre bought it, I said I really hoped the would turn it around to face his other retail on 5th, rather than be an interior food court.

The center city transportation plan calls for removal of street parking in order to provide proper urban sidewalks on that block of 5th.  It is a shame that there is that trade off, but I agree with the choice that sidewalks are more important than 5 spaces.

With Avenue, and its street retail, the various retail that Latorre owns on 5th, and all the retail at the base of 201 N Tryon (nee IJL), this little section could be quite an amazing little spot for retail.  The block around Hearst is already pretty lively at night, and with the old Montaldos coming available in a few years, this section might become our hub of shopping.  

The food court in Ivey's really wasted a lot of space, and was entirely closed after hours.  A new configuration to face 5th Street could really make it retail that stays open late and hopefully something besides restaurants.

Also, with the food court gone, I guess Belle's will be more successful. :)

#3 RiverwoodCLT

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Posted 09 February 2007 - 07:42 AM

Glad someone was thinking.  With the Avenue and Trademark coming on line this year, and add to the already residents in the area, it makes sense to make more retail entrance to the street.  I sure there will be support from them.

This gives the retailer the choice of what hours to operate independent of other retailer in the building. It also adds value to the owner of the entire first floor, because it will be able to generate more income.

#4 revitalize

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Posted 09 February 2007 - 08:03 AM

What is Latorre's development company name?

#5 Charlotte_native

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Posted 09 February 2007 - 08:13 AM

This would be GREAT news.

#6 nmcheese

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Posted 09 February 2007 - 08:25 AM

I hope Bombay Cuisine survives into the new food format for that building - that's one of my once a week lunch spots - in any case, this is a positive development that highlights what I think is one of the main problems with downtown Charlotte - narrow sidewalks that don't accommodate real-city foot traffic nor outdoor seating for a cafe/restaurant.

#7 atlrvr

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Posted 09 February 2007 - 08:43 AM

Eh....I like the reformatting, but I don't like the trend of making everything so upscale....I used to work a few block away, and when I wanted some food to take back to office, I'd wander around the food court.  Every place in the city doesn't need to be a sit down lunch/dinner restaurant.  I really hope he keeps a couple of the retail spaces small, and more geared to lower-cost take out.

#8 DigitalSky

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Posted 09 February 2007 - 08:52 AM

I agree.  It's good to change, but not everything has to be upscale.  I too hope some of the original tenants return to Ivey's.

#9 sleightofhand

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Posted 09 February 2007 - 09:22 AM

Overall I love the idea. 5th street, atleast on the Ivey's side of the street is a real eyesoar.

Let's just hope Jim Grobe doesn't botch the plan.

#10 Vitamin_N

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Posted 09 February 2007 - 09:36 AM

Could a place along the lines of Athens / Waffle House / IHOP / etc do okay there?  There's a lack of breakfast food uptown (especially if they close Bo's).

#11 PlazaMidwoodGuy

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Posted 09 February 2007 - 11:36 AM

View PostVitamin_N, on Feb 9 2007, 10:36 AM, said:

Could a place along the lines of Athens / Waffle House / IHOP / etc do okay there?  There's a lack of breakfast food uptown (especially if they close Bo's).

I'd love to see such a place go in there...or basically anywhere downtown for that matter.  In my opinion, there's a serious lack of breakfast diner type places in Charlotte in general.  Anyway, I think this is good news for the Ivey's building and that block!

#12 monsoon

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Posted 09 February 2007 - 11:38 AM

5th street of this building is a big ugly wall.  I hope they do something to address it.

#13 MZT

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Posted 09 February 2007 - 12:27 PM

A wall, with a narrow sidewalk, and greasy exhaust vents from the restaurants in the Ivey's. It's probably a lost cause... better to think about ways to make the Avenue/IJL side more inviting.

#14 Charlotte_native

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Posted 09 February 2007 - 12:51 PM

View PostMZT, on Feb 9 2007, 01:27 PM, said:

A wall, with a narrow sidewalk, and greasy exhaust vents from the restaurants in the Ivey's. It's probably a lost cause... better to think about ways to make the Avenue/IJL side more inviting.

I think those issues are exactly what they are talking about fixing and addressing.  Narrow sidewalk, can't really fix that, but the rest are certainly able to be "fixed".

#15 voyager12

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Posted 09 February 2007 - 01:04 PM

I think having a mix of casual and upscale establishments would be nice. Ivey's has good bones but that building is very aggravating to deal with now. The interior of the building is so bland and sterile even on the condo level and needs to be updated. I used to walk a dog that lives in one of those units and the parking garage is like a dungeon and hard to get around in. I hope they revamp that too.   Security also watches you like a hawk and residents will box you in even if you are just occupying a space temporarily :whistling:

#16 browngeo

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Posted 09 February 2007 - 01:55 PM

I heard they are going to evict all tenants except BoJangles and make it the largest BoJangles in all of the Southeast...right here in Charlotte...


Just Kidding....

Retail on the way...I love it

#17 DigitalSky

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Posted 09 February 2007 - 02:40 PM

View PostPlazaMidwoodGuy, on Feb 9 2007, 12:36 PM, said:

I'd love to see such a place go in there...or basically anywhere downtown for that matter.  In my opinion, there's a serious lack of breakfast diner type places in Charlotte in general.  Anyway, I think this is good news for the Ivey's building and that block!

This is true.  I think Greensboro has more diners than Charlotte.

#18 moonshield

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Posted 09 February 2007 - 03:04 PM

That's great news. That part of 5th street has always been one of my least favorites. Any improvement would be a great improvement.

Charlotte does need some more diners, maybe some even open 24 hours a day!

#19 Mobuchu

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Posted 09 February 2007 - 03:29 PM

This is great news, that section of 5th and Ivey's is something I've always b*tched about.

View Postdubone, on Feb 9 2007, 08:25 AM, said:

The center city transportation plan calls for removal of street parking in order to provide proper urban sidewalks on that block of 5th.  It is a shame that there is that trade off, but I agree with the choice that sidewalks are more important than 5 spaces.
Defenitely, its currently less then 5ft of sidewalk if you take into account the parking meters and light poles.  That is terrible considering it is directly connected to our signature street Tryon, and only 1 block from the square.  They could recess the ground floor of the building except for the pillars to allow sidewalk seating, like college between 5th and 6th.  That would leave the extra space gained from the parking spots as all sidewalk.

Either way, anything is better then this:
Posted Image

#20 hinsp0

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Posted 09 February 2007 - 03:35 PM

View Postsleightofhand, on Feb 9 2007, 10:22 AM, said:

Overall I love the idea. 5th street, atleast on the Ivey's side of the street is a real eyesoar.

Let's just hope Jim Grobe doesn't botch the plan.


You mean Jim Gross, right?  Jim Grobe is the football coach at Wake Forest.

Gross has a knack for shoddy plans... he messed Ivey's up the first time around.




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