Plaza-Midwood Projects (Central, Commonwealth, The Plaza)

[Matthew.Brendan]

^^ good info, thanks.

Me? I'd raze it all and start fresh :p

The layout sucks for that much land.

[Guest]

29 minutes ago, Matthew.Brendan said:

^^ good info, thanks.

Me? I'd raze it all and start fresh :p

The layout sucks for that much land.

Did ya'll know back in 1980s this was going to be the site a huge office, retail, and hotel complex? Too bad that didn't happen. Though 1980s urban design principals were horrific, so maybe we should be happy that didn't happen.

[KJHburg]

I agree my friends and I always talk about how that could have been a midrise apartment,  ground floor retail maybe other uses.  It is basically a suburban shopping center with a few outparcels 

[11 HouseBZ]

This is roughly what I'd do if I had a billion dollars burning a hole in my pocket. The only part I'd raze would be CVS and redo that corner. Think if you could bulk this up and make it denser and have a big park in the heart of PM.

Be easy on me, my drawing skills are not tu gud. Plus I did it on my phone. 

[SpiritOf76]

I used to live near this corner cvs in Baltimore City and could alway picture something like that replacing what we currently have in pm. I’d definitely incorporate some of the brickwork from the buildings near the back of site, into my new corner development $$

[Guest]

41 minutes ago, 11 HouseBZ said:

This is roughly what I'd do if I had a billion dollars burning a hole in my pocket. The only part I'd raze would be CVS and redo that corner. Think if you could bulk this up and make it denser and have a big park in the heart of PM.

Be easy on me, my drawing skills are not tu gud. Plus I did it on my phone. 

I didn't know dick about urban planning back in 2007 when I drew this, but I still like it.

[Urbs42]

Doze the whole parcel and turn it into a mini Dolores park.

[Guest]

40 minutes ago, Urbs42 said:

Doze the whole parcel and turn it into a mini Dolores park.

looking back, I wish I had done the park facing uptown like this. 

[CharlotteWkndBuzz]

50 minutes ago, Urbs42 said:

Doze the whole parcel and turn it into a mini Dolores park.

And then legalize weed (no blue font needed lol).  I visited that park a few months ago and could not believe how many people were just hanging out (with no music or concert).  Great backdrop of SF and everyone looked like they were having a lot of fun...and the munchies.  A park in PM will be cool though.

[archiham04]

Here is where my billion bucks would go:

[Crown]

Just got an email blast for a "Plaza  Midwood Restaurant For Sale"  from Nichols here are the bullet points...

•    $2.2 million in Annual Revenue
•    Nearly $400,000 in Annual Cash Flow
•    New Lease + 15 Years of Options
•    Great Infrastructure with full FF&E Assets
•    Unbeatable Location 
•    Multiple Outdoor Seating Areas including Roof Top Patio
•    Seats 280+
•    2 Full Bars with Remote Glycol and Nitrate Systems
•    Private Party Room + Gaming

[sakami]

2 minutes ago, Crown said:

Just got an email blast for a "Plaza  Midwood Restaurant For Sale"  from Nichols here are the bullet points...

•    $2.2 million in Annual Revenue
•    Nearly $400,000 in Annual Cash Flow
•    New Lease + 15 Years of Options
•    Great Infrastructure with full FF&E Assets
•    Unbeatable Location 
•    Multiple Outdoor Seating Areas including Roof Top Patio
•    Seats 280+
•    2 Full Bars with Remote Glycol and Nitrate Systems
•    Private Party Room + Gaming

What is this, Coaltrane’s? The only other option I can think of is Midwood and that entire building was just sold. 

[tozmervo]

2 minutes ago, Crown said:

Just got an email blast for a "Plaza  Midwood Restaurant For Sale"  from Nichols here are the bullet points...

•    $2.2 million in Annual Revenue
•    Nearly $400,000 in Annual Cash Flow
•    New Lease + 15 Years of Options
•    Great Infrastructure with full FF&E Assets
•    Unbeatable Location 
•    Multiple Outdoor Seating Areas including Roof Top Patio
•    Seats 280+
•    2 Full Bars with Remote Glycol and Nitrate Systems
•    Private Party Room + Gaming

That reads like Peculiar Rabbit to me

[Crown]

54 minutes ago, tozmervo said:

That reads like Peculiar Rabbit to me

Peculiar rabbit has a game room. I would be VERY excited if someone other than Rob Nixon owned that place. 

[hokiehigh]

4 minutes ago, Crown said:

Peculiar rabbit has a game room. I would be VERY excited if someone other than Rob Nixon owned that place. 

This would be great news.   That place is a mess.   

[sakami]

1 hour ago, tozmervo said:

That reads like Peculiar Rabbit to me

Good gosh I literally forgot about that place. I haven’t been in 6 years because it was so awful. It really would be great if someone else came in and tried over again with the space. 

[Guest]

1 hour ago, Crown said:

Just got an email blast for a "Plaza  Midwood Restaurant For Sale"  from Nichols here are the bullet points...

•    $2.2 million in Annual Revenue
•    Nearly $400,000 in Annual Cash Flow
•    New Lease + 15 Years of Options
•    Great Infrastructure with full FF&E Assets
•    Unbeatable Location 
•    Multiple Outdoor Seating Areas including Roof Top Patio
•    Seats 280+
•    2 Full Bars with Remote Glycol and Nitrate Systems
•    Private Party Room + Gaming

Anybody remember going to the "The Steeple." I think it was called. Man Plaza Midwood used to have the best Alternative places. For those that don't know, The Peculier Rabbit was an old church turned into a Goth-y bar. Definitely doesn't look like that anymore.

Edited April 3, 2019 by Guest

[hinsp0]

3 hours ago, ricky_davis_fan_21 said:

Anybody remember going to the "The Steeple." I think it was called. Man Plaza Midwood used to have the best Alternative places. For those that don't know, The Peculier Rabbit was an old church turned into a Goth-y bar. Definitely doesn't look like that anymore.

Too many conformists to support a goth-y bar in plaza midwood today...

[sakami]

As I came down Independence today I saw the old church building at the end of Shenandoah (in Chantilly) is finally coming down. Are the townhomes moving ahead? I feel like the last I heard about this were some stream buffer issues and a request for a variance on the units the developer could build. 

[KJHburg]

Headed over to Midwood Smokehouse for a late lunch and this is my favorite photo of Plaza Midwood.  the little bar that stood its ground. Today. 

1.2. new Pulte townhomes on Siegle  3. apartments at Hawthorne and Central 4. the Thirsty Beaver and it was crowded from what I saw especially when I drove back by.  Yafo on Central 

[tozmervo]

On 4/3/2019 at 9:13 AM, tozmervo said:

That reads like Peculiar Rabbit to me

I win! Guess I'll have another beer after all.

https://www.bizjournals.com/charlotte/news/2019/04/10/plaza-midwood-hot-spot-hits-market-for-850.html

[SpiritOf76]

Beaver meet up Friday night ?!

[SgtCampsalot]

1 hour ago, tozmervo said:

I win! Guess I'll have another beer after all.

https://www.bizjournals.com/charlotte/news/2019/04/10/plaza-midwood-hot-spot-hits-market-for-850.html

Interesting. The old "End of the World Gallery" building in NoDa sold for $3.5 million a couple years ago. I would think this spot would be worth at least a mil. I guess because it can only hold 2 or 3 tenants as-is? But it is sub a prime spot. And the Excelsor Clib was just listed for $1.5million. 

Edited April 12, 2019 by SgtCampsalot

[atlrvr]

Pretty certain $850k doesn't include the actual real estate, just the right to pay Rob rent for 15 years.

[hokiehigh]

10 hours ago, atlrvr said:

Pretty certain $850k doesn't include the actual real estate, just the right to pay Rob rent for 15 years.

Sounds like it.   Too bad he won't sell the whole building.   I would also assume that PR and Jack's share a kitchen?   If so, I wonder how that would work out?   The whole place needs to be cleaned up.