Kimpton Hotel in the West End

[apaladin]

1 hour ago, vicupstate said:

It's only November 4. Last I checked, November has 30 days. 

It did say by November,  not in November. 

[vicupstate]

9 hours ago, apaladin said:

It did say by November,  not in November. 

By November means by the end of November to me.

[gman430]

Killian is the general contractor for the project. Financing being provided by Sixty West Funds in conjunction with Hostmark Hospitality who is the developer. 

Edited November 4, 2022 by gman430

[gman430]

Welp…not this week it looks like. That’s one more week closer to them lying to us all again.

[gman430]

Well, it doesn’t look like November for construction starting. Anybody have any updates? 

Edited November 25, 2022 by gman430

[gman430]

Welp…so much for November. Another lie by another developer. Why does Charlotte not have this problem?  

Edited November 28, 2022 by gman430

[motonenterprises]

44 minutes ago, gman430 said:

Welp…so much for November. Another lie by another developer. Why does Charlotte not have this problem?  

Probably because it's larger.

[GvilleSC]

49 minutes ago, gman430 said:

Welp…so much for November. Another lie by another developer. Why does Charlotte not have this problem?  

I have no doubt that Charlotte has this problem, too. Permitting in Charlotte absolutely pushes schedules out for developers. You just don't see it and track it like you do for Greenville. 

[apaladin]

It dead. Throw it on the pile! 

[gman430]

Horses mouth (Collins & Fine) says this project has been delayed and won’t start construction until 2023. Delay after delay after delay. Maybe it will get built by 2030. The only good news is that it’s not dead…at least not yet. 

Edited December 5, 2022 by gman430

[gman430]

January and still nothing. It’s just sad. I expect the site to go up for sale soon.

Edited January 2 by gman430

[gman]

1 hour ago, gman430 said:

January and still nothing. It’s just sad. I expect the site to go up for sale soon.

I wish for you a resolution in 2023 to have a jar at least half full. It's a beautiful thing to be positive. 

[gman430]

Construction start date pushed back to Q2 (April-June) 2023. 

Edited January 16 by gman430

[gman]

I am afraid many projects will be canceled or delayed for the same reason. Who would want to build anything in this uncertain market?  “Boutique hotel poised for Greenville’s West End delayed, citing unstable building costs.” https://www.postandcourier.com/greenville/business/boutique-hotel-poised-for-greenvilles-west-end-delayed-citing-unstable-building-costs/article_7cbf5f88-976e-11ed-81ee-ff966fbb7629.html

[gman430]

Glad to see it’s still moving forward and construction costs are finally getting under control. 

And who you ask? The Beach Company apparently and everybody else that went to the DRB last month for project approval. 
 

 

Edited January 20 by gman430

[distortedlogic]

9 hours ago, gman said:

I am afraid many projects will be canceled or delayed for the same reason. Who would want to build anything in this uncertain market?  “Boutique hotel poised for Greenville’s West End delayed, citing unstable building costs.” https://www.postandcourier.com/greenville/business/boutique-hotel-poised-for-greenvilles-west-end-delayed-citing-unstable-building-costs/article_7cbf5f88-976e-11ed-81ee-ff966fbb7629.html

I hate to hear it but having some projects get delayed or even canceled is bound to happen.  

Given the crazy inflation over the past couple of years, the rising cost of borrowing money, possible recession looming,  and the sheer number of projects in DT, we could see more of this.