The RailYard SouthEnd

[KJHburg]

This is looking great especially with the windows going in and some crane action that temporarily blocked KJ from his lunch.  Today. 

[UPNoDa]

Holy "Climbing Wall" Batman!!

[deleted]

6 minutes ago, UPNoDa said:

Holy "Climbing Wall" Batman!!

WSJ just had an interview of Burt Ward explaining how they did this:

https://www.wsj.com/articles/how-real-estate-helped-burt-ward-become-robin-1539701235

 

 

[UPNoDa]

Good read.

As a kid, I was always fascinated by all of the funky screen shots they use to do on that series.

[Donpaul]

Is there any word of the micro apartments?

[Guest]

Is there any word of the micro apartments?

I mean, speaking that the apartments are being built WRAPPING the deck that’s still under construction. Being built where there’s currently construction staging, and then the staging will have to move to the top floor of the parking deck, you aren’t going to hear anything about the micro units until the deck is complete.


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[J-Rob]

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[SgtCampsalot]

^God, a little brick goes a long way in a city like this 

[KJHburg]

The Railyard is only advertising 74xxx sq ft of space only in the south tower which is 2nd one to be completed.  My guess is that Allstate is taking all 148xxx sq ft in the North Tower and EY and WeWork which have been formally announced are taking 75xxx in the south tower.  There is reason this is not being advertised much on Loopnet or other commercial real estate websites.  Allstate is long rumored there but no one has confirmed the size of their lease.  My guess it is for 1/2 of the Railyard's total space.

https://beacondevelopment.com/properties/building/2103/the-railyard

we shall see..... 

[atlrvr]

Yes, single lease for 100% of the North tower off space was reportedly signed last week.  I also agree it is likely Allstate, but can't confirm.

[KJHburg]

This I do know there are 560 and counting Allstate people based at WeWork in Charlotte who are there temporarily until their new office is complete.    Allstate announced 2250 new jobs in Charlotte and they have not announced one lease yet (and they can't all fit in their space by no means at Innovation Park)

[Missmylab4]

Yeah 90% sure it is AllState at Rail Yard. 

[kermit]

I am surprised to see  the Southend office market developing into a finance cluster (DFA, Allstate, Fromtier Capital as the pioneer). I had assumed that the Southend office market would just be a lower-cost, slightly hipper annex  of the Uptown market but it appears to be developing as a  Class A market that can stand on its own.

Now that new soace is getting traction I would not be surprised to see the “design  district” branding fade away.

Edited October 31, 2018 by kermit

[Guest]

1 hour ago, kermit said:

I am surprised to see  the Southend office market developing into a finance cluster (DFA, Allstate, Fromtier Capital as the pioneer). I had assumed that the Southend office market would just be a lower-cost, slightly hipper annex  of the Uptown market but it appears to be developing as a  Class A market that can stand on its own.

Now that new soace is getting traction I would not be surprised to see the “design  district” branding fade away.

Asana is who coined that term, and theres still plenty of warehouses for them to convert. It won't go away. A few people have proven they can wrestle land away from Jill Newton in the past (look her up on the Property Tax Site, she owns like dozens of pieces of prime land, but I'd love someone like Asana to wrestle the Miller Services building off her hands. This 93,000 sq foot building could be very special if it were opened up toward the Railtrail. 

[QClifer]

yes they own a ton of stuff

[KJHburg]

Allstate's new office (and WeWork and EY Innovation Center) looking good with the brick.  Can't wait until the deck is wrap with the micro apartments.  

[Guest]

11 hours ago, KJHburg said:

Allstate's new office (and WeWork and EY Innovation Center) looking good with the brick.  Can't wait until the deck is wrap with the micro apartments.  

Sheesh. those power lines

Edited November 1, 2018 by Guest

[videtur quam contuor]

AND that pole is in the sidewalk, and a narrow sidewalk it is. And another pole next to it which has no lines, if I am looking properly. Hard to tell with so many lines. 

[asthasr]

2 minutes ago, tarhoosier said:

AND that pole is in the sidewalk, and a narrow sidewalk it is. And another pole next to it which has no lines, if I am looking properly. Hard to tell with so many lines. 

I'm sincerely hoping that the sidewalk will be wider than that in the end; the trailer will certainly be gone. I think this is pretty much due to construction. (Of course, it sucked prior to construction, but should be better afterward...)

[Guest]

2 minutes ago, asthasr said:

I'm sincerely hoping that the sidewalk will be wider than that in the end; the trailer will certainly be gone. I think this is pretty much due to construction. (Of course, it sucked prior to construction, but should be better afterward...)

The trailer will be gone... and replaced by Microapartments... Pretty sure the sidewalks will be wider though.

[CLT2014]

Who is responsible for paying to bury power lines in a neighborhood like this that is converting from a former warehouse/industrial district into a mixed use neighborhood with office, residential, and retail? I get that there was no incentive to bury the power lines when this was a full industrial district, but it has rapidly changed.

Is it ultimately Duke Energy's call and do they pay for burying power lines out of the goodness of their heart / when it makes financial sense or is that the city's responsibility?

Edited November 1, 2018 by CLT2014

[atlrvr]

This will have the best sidewalks of any project in South End.

All four sides of this block will have:

- 8' sidewalks

-an additional 8' hardscape (sidewalk with tree wells)

- No Planting strip 

- striped on street parking on all 4 sides

[CLTProductions]

3 hours ago, atlrvr said:

This will have the best sidewalks of any project in South End.

All four sides of this block will have:

- 8' sidewalks

-an additional 8' hardscape (sidewalk with tree wells)

- No Planting strip 

- striped on street parking on all 4 sides

With glorious powerline filled views! kidding, the hardscape is amazing. 

[KJHburg]

Good story on Beacon Partners and this marquee project the Railyard.   It is  reminder of the HIGH risks developers take and how they can make big money or lose their shirts. 

http://businessnc.com/beacon-partners-finds-its-niche-near-charlottes-center-city/

[lancer22]

On ‎10‎/‎31‎/‎2018 at 7:05 AM, kermit said:

I am surprised to see  the Southend office market developing into a finance cluster (DFA, Allstate, Fromtier Capital as the pioneer). I had assumed that the Southend office market would just be a lower-cost, slightly hipper annex  of the Uptown market but it appears to be developing as a  Class A market that can stand on its own.

Now that new soace is getting traction I would not be surprised to see the “design  district” branding fade away.

If you don't mind me asking, where is Frontier Capital going? They are currently in 525 N Tryon, correct?