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

[pgsinger]

As much as we would all love to see the Family Dollar strip mall renovated at least or torn down and replaced at best, we need to think about the more plausible options in the hood.  Hatcher isn't going to do anything with that lot until he can boot Family Dollar.  FD leases have 10 year terms with multiple 5 year extensions (4-6 generally).  Assuming, the store is doing good business, then they likely have an ability to remain there for roughly 35 years (10 years + 5 extensions of 5 years).  I am relatively new to the area, but assuming the lease or a lease renewal was signed in the late 90's, then that would put the term out to 2033 (based on a 1998 signing or renewal date).  Generally, the LL cannot deny an extension option, so the term is entirely up to FD.  It will take a quite a bit more development in the area until it makes economic sense to try to buy them out of the lease.

 

One thing that is starting to bother me more an more, is the amount of power lines running through the air in our hood.  Any chance of ever seeing these buried?

[southslider]

Until Hatchet can boot Family Dollar, it appears he will start booting cars. Parking spaces have been numbered and new signs went up near CVS. But so far, no payment kiosk.

As for power lines, why bury them, if streetcar would someday add more wires?

[Niner National]

Until Hatchet can boot Family Dollar, it appears he will start booting cars. Parking spaces have been numbered and new signs went up near CVS. But so far, no payment kiosk.

As for power lines, why bury them, if streetcar would someday add more wires?

I've seen a guy out there collecting money. He was just sorta sitting there in a chair not trying to flag down cars for payment. We saw him watching us, so we just circled back around and asked him if we could park there. He said we could only if we were going to Elizabeth Billiards, Bistro La Bon, or Family Dollar. 

 

Parking costs $5. We drove a block away and parked on the street.

[dubone]

There is a huge aesthetic difference between a mess of randomly hung wires over the well organized caternaries of a streetcar system.   There are also emerging technologies that could provide electricity to the streetcars/light rail without overhead wires. 

[southslider]

Well, ironically, if the Family Dollar site did revelop, there may not be as large of a view towards Uptown.

[Windsurfer]

Well, ironically, if the Family Dollar site did revelop, there may not be as large of a view towards Uptown.

Another irony: It was the first Family Dollar in the Levine empire. So, one can see just how patient they are re realestate. :-)

[southslider]

^Actually, the very first Family Dollar location is now Nova's Bakery up the street.  If only the Levine empire would still build or renovate similar store fronts, I'm sure folks wouldn't mind them staying.

[NCpride]

Anybody know what the former gas station across from Zada Jane's is being converted into?  

[southslider]

^Pizza Peel

[plaza-midwood-er]

Does anyone know what's going on with Morningside Village? Have any plans been announced?

[Guest]

Does anyone know what's going on with Morningside Village? Have any plans been announced?

I heard at one point that a apartment developer had closed on one of the blocks. However I have mot been able to find any documentation online to support this.

[southslider]

Demolition has started on the former CAST building behind Midwood Smokehouse. Another 20-30 apartments are approved for this site, which is separate from the developments beside DQ and the much larger one at the RR tracks.

[plaza-midwood-er]

Do you know what the name of the name of the new apartment complex will be named (the one behind midwood smokehouse)?

[pgsinger]

FYI - The Vyne at the intersection of Briar Creek and Central looked is back under construction.  Their Facebook page says they are building two more buildings.  Another sign of life, and a bit further down Central!

[Niner National]

so did they decide not to paint the Nook red?

 

The color it is now looks pretty ugly. Maybe they're still going to paint it, but I figured they'd paint it before they put on the balcony railings.

[dubone]

FYI - The Vyne at the intersection of Briar Creek and Central looked is back under construction.  Their Facebook page says they are building two more buildings.  Another sign of life, and a bit further down Central!

 

The same company that is buying/bought Bloc90 in Optimist Park is also finishing this to make it apartments.

 

http://www.bizjournals.com/charlotte/blog/real_estate/2013/07/real-estate-firm-reviving-vyne-and.html?page=all

 

It is a good thing that corrects some of the false starts from the bush boom. 

[Guest]

so did they decide not to paint the Nook red?

 

The color it is now looks pretty ugly. Maybe they're still going to paint it, but I figured they'd paint it before they put on the balcony railings.

I think they chose to do Brick instead of the Red front. Which is welcomed. I wonder if they will paint the sides white as planned originally.

[Niner National]

I think they chose to do Brick instead of the Red front. Which is welcomed. I wonder if they will paint the sides white as planned originally.

I was thinking the sides were going to be painted red for some reason. EIther way, its not white. It's an ugly dark brown color. Hopefully they'll paint it white because IMO, it looks terrible right now.

[Guest]

I was thinking the sides were going to be painted red for some reason. EIther way, its not white. It's an ugly dark brown color. Hopefully they'll paint it white because IMO, it looks terrible right now.

here's the original.

[richmondgolf]

New signs up at Harkey tile/Ford tire building. Pint central and Salon Twelve 26.

[Miesian Corners]

The Nook isn't finishing out all that well, IMO. The east facing facade looks like an afterthought.  I mean, I get that no one wants to look at the Dairy Queen (OK, maybe a couple of folks would be good with it), but it looks like a cheap motel driving west.

[Niner National]

The Nook isn't finishing out all that well, IMO. The east facing facade looks like an afterthought.  I mean, I get that no one wants to look at the Dairy Queen (OK, maybe a couple of folks would be good with it), but it looks like a cheap motel driving west.

The side is a hallway. There will be no windows.

 

I don't mind it, but I do hate the color they ended up painting it.

[Matthew.Brendan]

If its a hallway all the more reason to have windows.... imho

[Niner National]

If its a hallway all the more reason to have windows.... imho

It is a hallway with concrete floors. It's no different than the exterior walkways that other apartment buildings have, it is just linear.

[richmondgolf]

And in much grander scale, at the northwest corner of Cental and Clement, extending between the RR tracks and Clement is a 200 unit apartment building (4 stories of apartments over 2 stories of parking) with ground floor retail, which a 2nd phase of more apartments an option on the site.

Not sure who the developer is, this was just listed today on the ACCELA land development website.

Any update on this development? How far back will it go? will it take over where Metro Graphics is located? what about the shops where the upholstey business and croas fit are located? Also any official name for the apartments going where Cast was?