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Project Thread/New Construction/Photo du jour/Const. CAMs


smeagolsfree

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On 5/11/2018 at 11:31 AM, donNdonelson2 said:

Another Charlotte photo for you-Bank of America building with its beautifully lit crown, as seen from my hotel rooftop 

D9BD6E4A-ECF1-4F64-B9E2-AFDA89635386.jpeg

It’s an incredible building. My personal favorite from my hometown is Charlotte, is the Hearst building, right down the street.

Edited by wreynol4
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This was originally Elmington Capital, then sold to Rockbridge and there are 2 or 3 companies by this name. This was supposed to include Offices, hotel, parking garages, a residential tower, grocery store, and more retail. It would have spanned the area between Demonbreun and 17th almost down to the interstate.

They are probably just land banking it at this point in time.

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1 hour ago, GregH said:

That Music Circle Virgin hotel is $100m+ too, right?

Welcome to the forum, GregH!  : )

The Virgin Hotel was originally listed at $100 million, but then they revised the design from two towers to one, and I think it is in the $80-90 million range now.

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9 hours ago, markhollin said:

...and I think it is in the $80-90 million range now.

That is accurate. Side note, they interviewed several Nashville interior design firms to do the lobby/bar/restaurant area, but after the design change to one solid tower, they went with the "in-house" design team. Leads me to believe that for some reason, there was some significant cost-cutting after the original design was proposed. Never found out the full details, but basically they said a redesign was worth it if it meant not having to lose the Nashville hotel project. (These underlying problems are related to the start delay and slow construction pace.)

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