SouthEnd High-Rise Projects

[Blue_Devil]

@CLT Development@KJHburg1.75 acres was just bought on Remount and Tryon, across from Brookehill. Where Cheap Joes is. It went for 9.5.  This seems like high rise potential especially with the rezone. Thoughts? 
 

https://charlotte.axios.com/297684/local-developer-buys-four-sites-at-the-corner-of-south-tryon-and-remount-road/

[KJHburg]

1 hour ago, Blue_Devil said:

@CLT Development@KJHburg1.75 acres was just bought on Remount and Tryon, across from Brookehill. Where Cheap Joes is. It went for 9.5.  This seems like high rise potential especially with the rezone. Thoughts? 
 

https://charlotte.axios.com/297684/local-developer-buys-four-sites-at-the-corner-of-south-tryon-and-remount-road/

Providence Group has been landbanking properties in Southend for a while.  I am sure they will market it in the future for a mixed use development if not high rise at least high density.  They have been involved in lots of land sales in Southend. 

[Hushpuppy321]

Anyone have any data, updates or knowledge on where to find info on the planned High-Rise near the New Bern Station area that was mentioned back about 6 to 8 Months ago?  

[CLT Development]

1 hour ago, Hushpuppy321 said:

Anyone have any data, updates or knowledge on where to find info on the planned High-Rise near the New Bern Station area that was mentioned back about 6 to 8 Months ago?  

https://www.bizjournals.com/charlotte/news/2021/06/15/stream-realty-durban-group-suffolk-punch-project.html

Here you go

[Hushpuppy321]

16 hours ago, CLT Development said:

https://www.bizjournals.com/charlotte/news/2021/06/15/stream-realty-durban-group-suffolk-punch-project.html

Here you go

Wow - that Tower could be started later this year according to the article.  I didn’t think there would be demand for large office space this far down in SouthEnd.  Maybe from north of Remount Rd but I didn’t think south of Remount would pop with office until much later in SouthEnd’s adolescence.

[CLT Development]

5 hours ago, Hushpuppy321 said:

Wow - that Tower could be started later this year according to the article.  I didn’t think there would be demand for large office space this far down in SouthEnd.  Maybe from north of Remount Rd but I didn’t think south of Remount would pop with office until much later in SouthEnd’s adolescence.

They are surprisingly one of the ones I've been told is "Likely" from a close confidant. I was pretty surprised.

[KJHburg]

Future Southend high rise sites:

This high rise hotel site on Hawkins is temporarily a parking lot (paid) to allow the land to air out so to speak.    1-4 photos 

Plus here is the Suffolk Punch site which according to information above this post is slated to get started which surprises me too.   5-8th photos

photos 9/10 the ABC store site on S Tryon this is slated for an office building by Highwoods that seems very likely to happen as tenant is supposedly in place for a good chunk of it. 

 

[Hushpuppy321]

SouthEnd Cranes in the distance.  Beginning to become a cluster of Tower Cranes all over this district.

[DMann]

When the ABC Store goes will they have a Fire(water) sale?

 

[KJHburg]

walked by this 2 story building and adjacent 4 story building all owned by American City Biz Journals owner of the Biz Journals across the country.  This is a perfect site for massive high rise development.  It is 2 acres plus another adjacent .32 acre gravel lot behind it (owned by someone else)  As Uptown and Southend grow together  You could fit high rise residential and office mixed use tower here.   It would block the newly named Crown of the QC apartment complex but who cares.  I wonder about this site and the little parking lot across Tryon from it too.

Highest and best use of this site would be tall high rise for sure.  anyone hear anything about this site?  They ACBJ could move to swing space and they come back and take space in their new high rise.    The views would be fantastic of the uptown skyline and burgeoning skyline of Southend along with the Riverside, Crescent and Vantage Southend projects. 

Edited June 16 by KJHburg

[KJHburg]

another site once talked about for a high rise.  Owned by Driggers Electric and Control  for a long time. Once I thought I heard of a high rise hotel here.  Would be a perfect high rise residential tower or hotel site or both. 

[SydneycartonII]

SouthEnd is amazing.

Texas developer’s $22 million deal means more apartments near Lower South End breweries BY GORDON RAGO UPDATED JUNE 17, 2022 2:51 PM

Read more at: https://www.charlotteobserver.com/news/business/development/article262622392.html#storylink=cpy

Texas developer’s $22 million deal means more apartments near Lower South End breweries

 

A Texas developer closed this week on a $22.1 million land deal in Charlotte’s booming Lower South End with plans to bring hundreds of apartments. Real estate investment firm Embrey, out of San Antonio, purchased 5 acres at the corner of South Boulevard and Scaleybark Road. The company spent $11.1 million on one parcel alone, according to Mecklenburg County property records. Construction is expected to start this month, according to a Thursday news release from the company. The company did not disclose the project cost.

Read more at: https://www.charlotteobserver.com/news/business/development/article262622392.html#storylink=cpy

 

 

 

Edited June 17 by SydneycartonII

[j-man]

This apartment, like so many in recent years seem to be in the wrong neighborhood. This looks more suited for South Park. Not terrible but not thrilling either.  

Edited June 18 by j-man

[turbocraig]

43 minutes ago, j-man said:

This apartment, like so many in recent years seem to be in the wrong neighborhood. This looks more suited for South Park. Not terrible but not thrilling either.  

That’s interesting to think about.   Prior to that big apartment complex across from Crate&Barrel being built, I think a lot of people would have said “that’s in the wrong neighborhood.  That is more suited to SouthEnd than SouthPark.”  All a matter of perspective, I guess.  

[JeanClt]

It’s definitely not out of place…

[cha]

^ That design might have been nice 15 years ago, is just played out now. Southend will just resemble a commie block in not too long if we keep slapping up paper mache low/mid rise with "edgy shapes" at the corner.  Hoping for some individuality for once in Southend apartment design.  Atherton Mill has been one of the few to do it right IMO.

[RANYC]

1 hour ago, cha said:

^ That design might have been nice 15 years ago, is just played out now. Southend will just resemble a commie block in not too long if we keep slapping up paper mache low/mid rise with "edgy shapes" at the corner.  Hoping for some individuality for once in Southend apartment design.  Atherton Mill has been one of the few to do it right IMO.

An improvement over a burger joint surrounded by surface parking, at least

Edited June 18 by RANYC

[JeanClt]

^ That design might have been nice 15 years ago, is just played out now. Southend will just resemble a commie block in not too long if we keep slapping up paper mache low/mid rise with "edgy shapes" at the corner.  Hoping for some individuality for once in Southend apartment design.  Atherton Mill has been one of the few to do it right IMO.

Paris has a general architecture as well doesn’t look Soviet Block like… I understand what you’re saying and I agree though, it really is getting a bit much with these designs. At least they aren’t entirely copy paste and made entirely out of concrete. That gives them variety in terms of color and overall shape. Would like to see more micro adjustments and more details but as long as that adds cost some developers only see that as a burden. This far out though I wouldn’t expect much more than a mid rise for now. Southend is slowly creeping into high rises as it runs out of land so more creative design should surely come with that I hope.

[Windsurfer]

Not really a high rise, is it.

[Mgelbach]

[KJHburg]

future site of a Highwoods office tower.  

[Blue_Devil]

13 minutes ago, KJHburg said:

future site of a Highwoods office tower.  

Any insight into size? 

[KJHburg]

Just now, Blue_Devil said:

Any insight into size? 

Honestly I was told but can't remember but what stuck out is that is office and they have a tenant lined up for most if not all the space. 

[atlrvr]

Quote

Second, the Company has agreed to acquire a mixed-use development site located at 1426 South Tryon Street in the heart of Charlotte’s dynamic South End submarket for $27 million. 1426 South Tryon is tentatively planned for a mixed-use development consisting of approximately 300,000 square feet of future office and 250 apartment units. The site’s existing low-rise building totaling 24,000 square feet is 57% leased to customers on short-term leases.

The acquisition of 1426 South Tryon, which is also subject to customary closing conditions, is scheduled to close in the second quarter. The Company has posted earnest money deposits in the amount of $6.1 million that are non-refundable except in limited circumstances.

By the way, the land sale did close a few weeks ago.

[KJHburg]

2nd photo here is the Design Center phase 2 tower site on West Blvd across from Camden apartments. 

1st photo is a site next to the Bojangles which I am hearing could be a hotel.  (on S Tryon St across from the Centro/Square)