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Belk Place: Carolina Theater and Hotel Intercontinental


Andyc545

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15 minutes ago, TheOneRJ said:

Interesting. Jason just said the project was indefinitely delayed yesterday. 

Nope that was a side comment and I saw that comment.  It is a 99 air rights lease that was signed not a 100 year lease.  Why again would they pay for the crane rental if the project is abandoned?  Hotels are starting to come back even heard of a new one proposed in Southend along S Tryon. 

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16 minutes ago, DMann said:

Strange goings on today!  A telescope crane has arrived and it is extremely long.  There is a guy standing on the weighted end of the tower crane looking down, unknown as to what for.  Perhaps finally some movement here????

 

It will be interesting to see if they remove the tower crane. That will say a lot... but I am not sure what about. I think the crane actually needs to be removed to start the tower.

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4 hours ago, DMann said:

The Tower Crane is coming down from the Carolina Theatre complex.  Looks like Cleveland Construction is done with building the lobby.  None of the guys I talked with knew of plans to go forward with the Intercontinental, but they are not the builder of that.

 

yes its coming down. Weird timing, since they just signed a air rights lease

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