TWELVE Hotels and Residences

[Charlotteman]

Not much discussion on this project lately. Is it still looking like a "definite"?

[turbocraig]

No news lately that I'm aware of, but since Novare is self-financed and builds without pre-sells, and since Avenue was a huge success for them, this one definitely falls into the, er... "definite" category.

[A2]

According to all that have heard and seen this project will break ground in December. So roughly 6 months and counting.

A2

[dubone]

Novare doesn't presell before construction, so it isn't surprising to have a lull after the announcement. That was the same pattern as Avenue.

[dubone]

As this is starting to come again in regards to the Renaissance Place project, I thought I'd bump this so that new members can read through the history of this project.

[jednc]

I just checked the Twelve Charlotte Website...still no rendering. I wonder why this is taking so long? I'm anxious, so maybe it just seems to be crawling along...

[appatone]

It took forever for them to get a rendering out on Avenue as well so I guess there isn't anything to do but be patient.

[AuLukey]

It took forever for them to get a rendering out on Avenue as well so I guess there isn't anything to do but be patient.

But patience isn't exactly a virtue of the average UPer. We want to know before the public dernit.

[dxartist]

It took forever for them to get a rendering out on Avenue as well so I guess there isn't anything to do but be patient.

true...look how long it took them to build the parking deck. I guess in fairness, they did have small space to work with

[revitalize]

I saw the site plan and some prelim architecturals today for Twelve.... 40 stories! very nice looking design, it has the big base with 7 parking levels and street retail. The hotel portion is on floors 8-15. Can't really tell what color the glass will be, but the building itself is concrete cladding with lots of glass and balconies on every floor.

[atlrvr]

I figured they'd bump it up....they've gone higher than originally announced on almost every project they done. I'm guessing this will be about 475'.

Any indication how big the footprint is? Will it extend all the way to 8th?

They are being pretty agressive on retail on most of their newest projects, and are really going after some decent stuff.....I'm thinking H&M would be a PERFECT fit here....

[revitalize]

I thought it would take up the whole block, but it doesnt.

The building footprint extends from 7th to about 2/3 of the way to 8th. There is a parking entrance/exit from 7th street, and another out around 1st Pres. church to college st. The existing communication tower is to be removed, but the WorldCom building and the First Pres. Church buildings are to remain.

One other cool thing I noticed is they show a proposed "Market Street" along the train tracks from 7th to 8th, with parallel parking on the Twelve side.

This is going to be a very cool project. I can't wait to go to Reids for lunch and watch construction! ha...

[Mobuchu]

All great news Rev. thanks for the update. Anything new on a construction time frame?

[atlrvr]

It's great news that Market St. is really going to get built....I thought the city gave up on that idea.....it allows the retail facing the LRT lines to get much more traffic.

I'm also glad this doesn't go to 8th, as the Civitas plan calls for midrise or townhouses to line 8th...sounds like that is still a possibility for the future.

[Miesian Corners]

I assume the Dixie's building is toast? Too bad.

[jednc]

I assume the Dixie's building is toast? Too bad.

Isn't that across the RR tracks from Twelve's site?

[atlrvr]

EDIT - Duplicate Post

[bork]

Isn't that across the RR tracks from Twelve's site?

It sounds like Dixies will be saved by the RR tracks/light rail line, right?

[Charlotteman]

Wow 40 floors!

Sounds like it might be similar in height to IJL Tower?

[dubone]

Dixie's IS toast if the latest Civitas plan is to be followed. However, it won't be toasted by TWELVE, which is across the tracks.

[A2]

Man, I am getting really pumped up again. I just read metro's post, now this!!! A2 is getting a bit happy on all this news!

40 STORIES BABY !!!!!!!

A2

[revitalize]

yeah, actually the remaining 1/3 of the parcel on 8th was labeled as "phase II" of the Twelve project. So I'm guessing whatever is proposed there in the future would butt right up against the back wall of Twelve's parking deck.

Also they showed on the ground floor of Twelve a restaurant space at the corner fronting on 7th and Market St., and 1 or 2 other smaller retail spaces fronting on 7th.

This site is across the tracks from Dixie's BTW.

[dubone]

So Levine is still planning a Market St parallel to the tracks!?! I haven't heard any more talk about Market St on Levine's land for many years.

[atlrvr]

One last question.....how is the tower oriented? Long way betwen the tracks and College, or between 7th towards 8th?

[revitalize]

long way between the tracks and 1st Utd. Presby