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Camperdown (Greenville News Building Site)


gman

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Wasn't it reported that the hotel isn't supposed to start for another 18 months or so?

I believe so, but that is not odd at all. First they have to demo/prep the site of the new building for the Gville News.  Then they have to actually build their new building. Then they have to tear down the existing one and clear the site. That sounds about right to me. 

Edited by vicupstate
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I believe so, but that is not odd at all. First they have to demo/prep the site of the new building for the Gville News.  Then they have to actually build their new building. Then they have to tear down the existing one and clear the site. That sounds about right to me. 

I don't disagree, just following up on the comment that it won't take years to build. Maybe I read that wrong?

Edited by GvilleSC
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  • 2 weeks later...

Architect Michael Lentz, with Wakefield Beasley and Associates Architects in Alpharetta, Ga., said work on a new four-story, 28,000-square-foot office building for the Greenville News will begin in December, at the corner of Falls Street and East Broad Street. The project timeline has the Greenville News moving into the new building in October 2016. The time frame has construction at the site continuing until May 2018.

http://gsabusiness.com/news/56023-official-downtown-needs-balance-of-office-residential

So seems this will start up soon.

 

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Architect Michael Lentz, with Wakefield Beasley and Associates Architects in Alpharetta, Ga., said work on a new four-story, 28,000-square-foot office building for the Greenville News will begin in December, at the corner of Falls Street and East Broad Street. The project timeline has the Greenville News moving into the new building in October 2016. The time frame has construction at the site continuing until May 2018.

http://gsabusiness.com/news/56023-official-downtown-needs-balance-of-office-residential

So seems this will start up soon.

 

And they won't need nearly that much space for long, given the decline of mainstream newspapers.

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  • 1 month later...
52 minutes ago, apaladin said:

Is it safe to assume that this project is dead or at least on extended hold since the building is still being used and there is no sign of demolition or construction.

Definitely not dead. The proposed office building is already leased. Construction isn't supposed to start until next month. 

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1 hour ago, apaladin said:

Is it safe to assume that this project is dead or at least on extended hold since the building is still being used and there is no sign of demolition or construction.

The current office building will be continued to be used, I believe, until the new office building is completed for the News is going to move into it.

Definitely not dead.

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This project is definitely dead. Oh and the architecture sucks: http://www.greenvilleonline.com/story/news/local/2015/12/23/prime-acreage-sold-camperdown-developer/77855786/

Plans for the Camperdown development along Main Street took a big step forward Wednesday when the developer, Centennial American Properties, closed on its purchase of The Greenville News site.

Centennial paid $13.25 million for the prominent property of nearly four acres at 305 South Main Street, said Brody Glenn, president of the Greenville real estate development company. The seller was Gannett Co. Inc., parent company of The News.

Greenville's only daily newspaper plans to occupy 20,000 of the building’s 28,000 square feet, leaving behind its current offices to be demolished and make way for a new hotel.

Glenn said Centennial plans to break ground on the office building sometime during the first quarter of 2016. He expects The News to move into the building within a year after construction start.

Plans also call for the building to house a restaurant overlooking the plaza, and a small shop or food outlet at the corner of Broad and Falls.

Glenn said Centennial plans to start building a parking garage that will be underneath the plaza in the middle of next year.

He said work is scheduled to begin in mid 2017 on the other major elements of Camperdown: a 240-unit apartment complex, a 150-room AC Hotel and a 12-story building with 125,000 square feet of office space and 18 luxury condos on top.

Glenn said Centennial has already inked a deal with an out-of-town developer to build the apartment complex, though he declined to identify the company. He said the complex would include rooftop amenities, a pool and dedicated parking for residents.

Charles Gouch, a senior vice president in the Greenville office of CBRE, which helped represent Gannett in the property sale, said he was confident the price of $3.34 million per acre set a new record for downtown land transactions.

Being able to buy such a prominent property of such size from a single owner is a rare opportunity, Gouch said.

Edited by gman430
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