Metropolitan, Midtown Redevelopment

[sakami]

Looks like The Habit Burger closed recently. It’s sad to lose a food option over here that was not in the cluster that is the Met Midtown complex. 

[t_money]

Metropolitan complex sold for $92 million as Ballantyne owner expands in Charlotte

https://www.charlotteobserver.com/news/business/biz-columns-blogs/development/article246752016.html

[Norm2]

2 hours ago, t_money said:

Metropolitan complex sold for $92 million as Ballantyne owner expands in Charlotte

https://www.charlotteobserver.com/news/business/biz-columns-blogs/development/article246752016.html

I wonder what the new owner has planned for the complex

[t_money]

Me too! Can't imagine much could change physically though?  Do we know what the 'nearby piece of land' they bought is?

[Blue_Devil]

13 minutes ago, t_money said:

Me too! Can't imagine much could change physically though?  Do we know what the 'nearby piece of land' they bought is?

Look at google maps on at the round-about

[t_money]

^ o ya... the future home of that condominium tower

[Vitamin_N]

Northwood Ravin files to build a 28-story apartment building across from Trader Joe's:

https://charlotteledger.substack.com/p/apartment-tower-planned-for-the-metropolitan

[navigator319]

And we get that diminutive thing from them on former Polk site at Gateway. Out of spite since they have to go back for the rezoning lop this thing to 13 floor also.

[Norm2]

16 minutes ago, navigator319 said:

And we get that diminutive thing from them on former Polk site at Gateway. Out of spite since they have to go back for the rezoning lop this thing to 13 floor also.

I am still very spiteful about that, but at least Midtown will finally be getting a high-rise. That office building that is supposed to be built nearby I don't think will get off the ground...

[Blue_Devil]

9 hours ago, Vitamin_N said:

Northwood Ravin files to build a 28-story apartment building across from Trader Joe's:

https://charlotteledger.substack.com/p/apartment-tower-planned-for-the-metropolitan

Like I said in the other thread, NWR likes to have 2-3 projects going on at once, in each city the have a presence. At least that was their MO when my last company was working with them, Since they finished up Stonewall and are finishing W. Trade, their only major project is Ballantyne. I expect they are going to announce maybe one more project in the area over the next year, unless they get Scaleybark started

[Cadi40]

Finally some good height for Midtown, hopefully this is the first of many more projects! 

[CharlotteWkndBuzz]

iirc, there was a hotel proposed at this site back in the day too (might have already been mentioned).  Metropolitan has some pretty big anchor retail spots to fill too post covid (Vivace, Hickory Tavern, West Elm).  The At Home announcement was a little anticlimactic for me but should do decent there.  I always thought a Bed Bath & beyond would KILL IT at the old Staples location.  There's not a centrally located one between South Charlotte (485 area) and Concord Mills (which is closing).  Plus they usually always group it around similar shopping destinations (ie best buy, target, marshalls).  Hope the new tower is north of 15 floors.

[KJHburg]

14 minutes ago, CharlotteWkndBuzz said:

iirc, there was a hotel proposed at this site back in the day too (might have already been mentioned).  Metropolitan has some pretty big anchor retail spots to fill too post covid (Vivace, Hickory Tavern, West Elm).  The At Home announcement was a little anticlimactic for me but should do decent there.  I always thought a Bed Bath & beyond would KILL IT at the old Staples location.  There's not a centrally located one between South Charlotte (485 area) and Concord Mills (which is closing).  Plus they usually always group it around similar shopping destinations (ie best buy, target, marshalls).  Hope the new tower is north of 15 floors.

says 25-28 stories tall.  This will help the retail and At Home might attract other non apparel retailers.  I think a HomeGoods would kill it there given the affluence lack of nearby stores and just popularity.  Plus they own Marshalls anyway. 

[Blue_Devil]

1 hour ago, KJHburg said:

says 25-28 stories tall.  This will help the retail and At Home might attract other non apparel retailers.  I think a HomeGoods would kill it there given the affluence lack of nearby stores and just popularity.  Plus they own Marshalls anyway. 

At Home and HomeGoods really overlap though right? Now a TJ Maxx would be nice.  

[KJHburg]

2 minutes ago, Blue_Devil said:

At Home and HomeGoods really overlap though right? Now a TJ Maxx would be nice.  

they do but Homegoods has a fanatic following and inner Charlotte is a void for them in a metro market that has 7 stores.   They sometimes do combo stores but I think this wealthy inner city location can handle a Homegoods as At Home will draw them into the area. 

[Vitamin_N]

Any thoughts on what a tower this size would do to traffic on Kings as well as to the already bad parking situation at Metropolitan?

[Blue_Devil]

1 minute ago, Vitamin_N said:

Any thoughts on what a tower this size would do to traffic on Kings as well as to the already bad parking situation at Metropolitan?

A residential building shouldn't do much, especially in a walkable area. 

[videtur quam contuor]

I really do not see the issue with the Metropolitan parking deck, particularly after the rearrangement. I always go straight up to level 2 or three and take the elevator or stairs to reach TraderJoe or Best Buy. If I have to go higher I drive straight up without circling a floor. I park somewhat close the the elevator. I take the exit from the deck at Best Buy and there is usually a security person directing traffic to ensure no line clogs the inside. I can then go left or right to follow Kings or Charlottetowne. 

I avoid going at times known to be the most troublesome, both inside and on the surrounding streets. I go there for shopping and not for work, thus I have flexible access times. I am sure the people here are also consumers not work commuters. 

[Hushpuppy321]

On 11/5/2020 at 2:19 PM, Vitamin_N said:

Any thoughts on what a tower this size would do to traffic on Kings as well as to the already bad parking situation at Metropolitan?

Seeing at they can go up to 285' in height due to the rezoning (I think back in 2014) - I would be surprised if they didn't construct a Podium Style building.  Not sure if there is enough parking at the existing Metropolitan Deck.

[jordan704]

West Elm closes tomorrow.

[Vitamin_N]

On 1/9/2021 at 6:49 PM, jordan704 said:

West Elm closes tomorrow.

I wonder what could fill that vacancy. They still haven't filled the old Staples space on the third floor either.

[Temeteron]

3 hours ago, Vitamin_N said:

I wonder what could fill that vacancy. They still haven't filled the old Staples space on the third floor either.

Don’t forget vivace, Hickory tavern, La Paz, and the Cherry Berry spot are all still empty. This is really bad 

[Prodev]

Ross was close to a deal to take the Staples space pre-COVID, but I'm assuming that deal is dead. 

[Blue_Devil]

1 hour ago, Prodev said:

Ross was close to a deal to take the Staples space pre-COVID, but I'm assuming that deal is dead. 

Hopefully just on hold. I mean between Trade Joes and Target, there is a lot of potential here. 

[RANYC]

23 hours ago, Blue_Devil said:

Hopefully just on hold. I mean between Trade Joes and Target, there is a lot of potential here. 

West Elm is having major operational issues.  I purchased nearly $4,000 in furniture back in early November, but ended up canceling both after extended shipping delays.  In fact, one piece showed up and was damaged and I had to decline delivery, and a replacement wouldn't have been available until March.  I ended up ordering from CB2 (affiliated with Crate & Barrel), and got two pieces within 7 days, and at the same price.  Crate & Barrel in that space, please, instead of just the one in Southpark.  

Any chance that retailers that might quickly fill the space at Metropolitan are taking their time because they're being pitched new urban-format big-box retail space opportunities at a redesigned and reformed Epicenter?

Edited January 13, 2021 by RANYC