SouthEnd High-Rise Projects

[KJHburg]

36 minutes ago, norm21499 said:

A decrease or increase in plans?

a scrapping of the hotel plans I heard maybe another use now 

Edited December 31, 2022 by KJHburg

[DonkeyKong]

1 minute ago, KJHburg said:

a scrapping of the hotel plans I heard maybe another use now 

That stinks!  South end needs a nice hotel.

[j-man]

Campbell’s Nursery site Apartment complex. 

Anyone else notice that they replaced the original sign with one that has the updated rendering?

 

Edited January 1, 2023 by j-man

[Hushpuppy321]

19 hours ago, tito_m9 said:

Are there any renderings or specifications on what's being built in the first/second photo?

1 minute ago, Hushpuppy321 said:

 

Apartment Complex is under construction 

Edited December 31, 2022 by Hushpuppy321
Alliance Residential - Apartment Complex Under Construction

[KJHburg]

we need to start a list of just the high rises under construction.  this year we will see some get off the ground and others seemingly stalled due the interest rates and costs and so forth.   Great to see Campbells tower is underway.    

[KJHburg]

The cranes of Southend and the Lowes tower.  Today. 

[DJ8hep]

This area really will be the little city center of SouthEnd!

[JRCLT]

This area really will be the little city center of SouthEnd!

If we could only get that Camden plaza!

[DJ8hep]

If we could only get that Camden plaza!

Yes! The mini city center of all city centers…

[KJHburg]

NEW HIGH RISE ALERT from the Biz Journal 

""Atlanta developer Cousins Properties is in the early stages of an office project on a 0.9-acre site adjacent to The RailYard in Charlotte's South End.

John McColl, executive vice president of development at Cousins, said the firm filed for a pre-submittal meeting with the city of Charlotte on Jan. 23 to begin the planning process for its next local office project.

McColl said Cousins is planning a 200,000-square-foot boutique office building at 205 E. Bland St. The building will be about 20 stories and include ground-floor retail facing the Lynx Blue Line and Rail Trail, on-site parking, functional indoor and outdoor space, and rooftop access.

The East Bland property is currently a paid public parking lot.""

interesting I just heard this building might have an anchor tenant already too!   Cousins really does not build on spec so this is great news.

""Cousins also owns 200 E. Bland St., which is home to Slate Charlotte, All American Pub and Oak Room. McColl said they have no immediate plans to redevelop that property. The developer purchased the Bland Street properties, along with the parking lot at 1401 S. Tryon St., for $28.1 million in November 2020. A month later, Cousins bought The RailYard at 1414 and 1422 S. Tryon St. from Beacon Partners for $201 million.

McColl said Cousins is very early in the process. He expects the project to deliver in about 36 months.""

https://www.bizjournals.com/charlotte/news/2023/01/26/cousins-properties-office-project-south-end-cre.html

[KJHburg]

I could see a major law firm being this building's boutique tenant.  Or maybe one of these Japanese banks in town. 

[Blue_Devil]

Given that the two Major banks in uptown are about to move away from Hybrid but not have major layoffs other then is specific business groups, i suspect office demand is going to go back up again...

[carolinaboy]

The Spectrum property as got to be one desirable property right now, no? Anyone hearing anything about it?

[CarolinaDaydreamin]

15 minutes ago, carolinaboy said:

The Spectrum property as got to be one desirable property right now, no? Anyone hearing anything about it?

You'd have to think at some point in time Pritchard Church's land becomes too expensive to stay at that location...

[DMann]

Did we know about this, and if so, how did I miss it!!!!!!!

1427 South Blvd.

[SouthEndCLT811]

Wow!  And right next to Centre South that'll make the whole stretch very dense.  Who wants to photoshop it in here?

I think CLTDevelopment might have insinuated that shopping center was on the way out for something larger but this is the first visual (I think) of the building

 

Edited January 30, 2023 by SouthEndCLT811

[KJHburg]

we knew the land had sold and they were planning something.  With all these high rise apartments towers I want to see who breaks ground.  This 31 story one breaking ground later this year would not deliver for 3 years which the market should be much better than right now.  They said in the article a 36 month build time.   These apartment towers remind me of an arms race who could build the fastest and deliver first to the market. 

from the Biz Journal this morning 

""Washington, D.C., developer Akridge and Virginia-based property management company Kettler have partnered on two multifamily projects that will add a total of 865 new units to South End.

Both projects, a 450-unit, 31-story high-rise at 1427 South Blvd. and a 415-unit, seven-story midrise at 3119 South Blvd., are scheduled to break ground toward the end of the year.

Akridge and Kettler purchased 1427 South Blvd., a 0.9-acre property at the edge of South End and Dilworth, for $13.5 million on Dec. 20. The small business plaza currently there is home to H&R Block, BetterMed Urgent Care Charlotte, Modern Man and Cachet South End.

On Jan. 11, the firms closed on the $17 million purchase of 3119 South Blvd., spanning 2.8 acres near lower South End. The building on that property, formerly South End Jewelry and Loan, is currently vacant.""

here is the midrise apartment complex further down South Blvd.

https://www.bizjournals.com/charlotte/news/2023/01/30/akridge-kettler-apartment-projects-south-end.html

[RANYC]

1 hour ago, SouthEndCLT811 said:

Wow!  And right next to Centre South that'll make the whole stretch very dense.  Who wants to photoshop it in here?

I think CLTDevelopment might have insinuated that shopping center was on the way out for something larger but this is the first visual (I think) of the building

 

Centre South has been renamed 22nd Century South.

47 minutes ago, KJHburg said:

we knew the land had sold and they were planning something.  With all these high rise apartments towers I want to see who breaks ground.  This 31 story one breaking ground later this year would not deliver for 3 years which the market should be much better than right now.  They said in the article a 36 month build time.   These apartment towers remind me of an arms race who could build the fastest and deliver first to the market. 

from the Biz Journal this morning 

""Washington, D.C., developer Akridge and Virginia-based property management company Kettler have partnered on two multifamily projects that will add a total of 865 new units to South End.

Both projects, a 450-unit, 31-story high-rise at 1427 South Blvd. and a 415-unit, seven-story midrise at 3119 South Blvd., are scheduled to break ground toward the end of the year.

Akridge and Kettler purchased 1427 South Blvd., a 0.9-acre property at the edge of South End and Dilworth, for $13.5 million on Dec. 20. The small business plaza currently there is home to H&R Block, BetterMed Urgent Care Charlotte, Modern Man and Cachet South End.

On Jan. 11, the firms closed on the $17 million purchase of 3119 South Blvd., spanning 2.8 acres near lower South End. The building on that property, formerly South End Jewelry and Loan, is currently vacant.""

here is the midrise apartment complex further down South Blvd.

https://www.bizjournals.com/charlotte/news/2023/01/30/akridge-kettler-apartment-projects-south-end.html

Just based on the renderings, I’ll take the mid rise all day 

[ClassicColtrane]

2 hours ago, RANYC said:

Centre South has been renamed 22nd Century South.

Just based on the renderings, I’ll take the mid rise all day 

Centre South is indeed taking forever to get started, but I combed thru Jason Thomas' comments on IG (can't remember the post), and he said a huge update on this project is imminent and plans are solidified. 

[CLTProductions]

1 hour ago, ClassicColtrane said:

Centre South is indeed taking forever to get started, but I combed thru Jason Thomas' comments on IG (can't remember the post), and he said a huge update on this project is imminent and plans are solidified. 

This is correct, should be some news by end of Q1

[Hushpuppy321]

I wouldn’t be surprised to find they’ve increased the size of the  planned Office SF and total number of apartments to further densify the originally approved plans.  Would bring them better ROI.

Edited January 30, 2023 by Hushpuppy321

[RANYC]

3 minutes ago, Hushpuppy321 said:

I wouldn’t be surprised to find they’ve increased the size of the  planned Office SF and total number of apartments to further densify the originally approved plans.  Would bring them better ROI.

Wow, this lot has sat fallow all these years with a proposed developed pretty much anchored by class A office space, and you speculate Fallon is upping the office component?  Interesting.

I was going to say that the imminent update is a re-configuration of the development plans and site layout, but that ground-breaking would not, in fact, be imminent

[Hushpuppy321]

15 minutes ago, RANYC said:

Wow, this lot has sat fallow all these years with a proposed developed pretty much anchored by class A office space, and you speculate Fallon is upping the office component?  Interesting.

I was going to say that the imminent update is a re-configuration of the development plans and site layout, but that ground-breaking would not, in fact, be imminent

Construction Costs, Interest Rates, Etc. Has greatly raised the cost of Development so I wouldn’t be surprised to see it more dense if the City Allows it by right or in the Approved Zoning/Up-Zoning.  Same thing with Brooklyn Village even though it’s been stalled for many years, once they do go it’ll probably be bigger than first imagined.

[KJHburg]

So lets review (and I need the review) what high rises are  under construction over 10 floors in Southend  Gold District right now?  Not proposed but under construction:

1. 110 east  23 stories 

2.  Portman apartment tower   24 stories 

3. Greystar apartment tower on S Blvd.   24 stories 

4. Campbells Greenhouse apartment tower     12 stories 

5.  Apartment tower on W Morehead and S Mint  Aspen Heights 17 stories 

am I missing any under construction high rises over 10 floors?

In 2023 it is going to be the year of what gets started and is under construction not proposed.  Most everything will get built eventually but I am looking for dirt turning permits and crane base planted.   I know we should have several more starts this year including Queensbridge but given the financing market now it is getting harder and harder.  

of course 3 Morehead apartments towers all next to each other 

Edited January 31, 2023 by KJHburg

[DJ8hep]

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