Metropolitan, Midtown Redevelopment

[ontap]

A small construction trailer was placed at the corner of Morehead and Lombardy.  Are the apartments about to start?

[dubone]

(Morehead and Harding location is discussed in the Dilworth thread)

 

That is really great news about the Lennar project starting next week.  I think it really adds a lot of density to midtown beyond only the Metropolitan project.  With ground floor retail, they can hopefully capitalize on any foot traffic between the streetcar, CPCC, and Metropolitan.

 

SouthEnd has had so much going up, that it is hard to realize that not a single apartment project has gone up in Midtown or Elizabeth Ave corridors in this business cycle.  It is good to at least get one up and have that be one that includes street retail.

[teeg]

I believe it should break ground next week. 

It looks like they got the ball rolling.  I saw construction equipment on site yesterday and this morning.  

[DEnd]

SouthEnd has had so much going up, that it is hard to realize that not a single apartment project has gone up in Midtown or Elizabeth Ave corridors in this business cycle. It is good to at least get one up and have that be one that includes street retail.

Quality over quantity. Hopefully success here will revitalize Grubb's Elizabeth ave.

[ah59396]

Yay.

 

http://www.bizjournals.com/charlotte/blog/real_estate/2013/09/lennar-begins-construction-on-midtown.html

 

 

[rjp212]

Glad to see this project is moving forwards as I heard it was cancelled (that source has told me a few projects are cancelled yet they have broken ground so I took it with a grain of salt).   The design is pretty standard from what we've seen in SouthEnd but the street level accessed units are a nice touch 

[ah59396]

I'm just glad it fills a large hole between uptown and CPCC.  Also brings a bunch of additional foot traffic to the Metropolitan to help grow that area.

[vassago]

who owns/operates that radio tower?

[southslider]

^^^Includes almost 8K sq ft of retail

[tozmervo]

who owns/operates that radio tower?

 

looks like a privately held entity. they probably lease it out to someone. http://wireless2.fcc.gov/UlsApp/AsrSearch/asrRegistration.jsp;JSESSIONID_ASRSEARCH=7dDpPRmQL7r6q60Vj90D26yhSZGvsKXsnTQnl2fdyJk1vylYjSFz!-525170603!-847623579?regKey=103323

 

oh there's this. http://www.fccinfo.com/CMDProULSLookup.php?tabSearchType=UMIB&tabTextBox1=1034198

Edited September 20, 2013 by tozmervo

[15895]

Midtown, uptown, NoDa, Plaza-Midwood & SouthEnd are all just transforming into amazing destinations

[Guest]

Midtown, uptown, NoDa, Plaza-Midwood & SouthEnd are all just transforming into amazing destinations

Lets just hope they all end up as cohesive urban landscapes. It'll truly feel like NoDa has the best shot once the BLE opens, unless PlazaMidwood Gets the streetcar, then Central has a great chance of becoming something special as well.

[ah59396]

Fence is up and grading work is now underway at the Lennar site.

[nonillogical]

The small leasing office building for Metropolitan has been demolished and the surrounding site, where the Levine apartment project is to go, partially cleared. Could this be moving forward? Haven't heard anything on it in quite a while. 

[HopHead]

The small leasing office building for Metropolitan has been demolished and the surrounding site, where the Levine apartment project is to go, partially cleared. Could this be moving forward? Haven't heard anything on it in quite a while. 

 

Demolished? Wasn't this just a trailer or some other temp structure? Would be good to finally see this apartment tower moving forward.

[nonillogical]

Demolished? Wasn't this just a trailer or some other temp structure? Would be good to finally see this apartment tower moving forward.

It was always intended as "temporary" but was an actual constructed building, simple and small as it was. 

[Prodev]

The small leasing office building for Metropolitan has been demolished and the surrounding site, where the Levine apartment project is to go, partially cleared. Could this be moving forward? Haven't heard anything on it in quite a while. 

No plans have been submitted for the project yet, so I wouldn't hold your breath. 

[dubone]

Levine controls the land, so holding our breath would be lethal.  

[TheBigShamrock8]

looks like a privately held entity. they probably lease it out to someone. http://wireless2.fcc.gov/UlsApp/AsrSearch/asrRegistration.jsp;JSESSIONID_ASRSEARCH=7dDpPRmQL7r6q60Vj90D26yhSZGvsKXsnTQnl2fdyJk1vylYjSFz!-525170603!-847623579?regKey=103323

 

oh there's this. http://www.fccinfo.com/CMDProULSLookup.php?tabSearchType=UMIB&tabTextBox1=1034198

I talked to one of the Griffith kids a long time ago and he said the family still owns the land and leases it out for buckets of money.  Land is so valuable that Lennar is building around the tower.

[Prodev]

^ The land is actually part of the parcel that Lennar owns. They're building around it b/c it was going to be about $1 mil to move/relocate. There is just about every carrier on this tower, and Lennar will actually have a really nice income stream when the lease rolls to market in a few years.

[TheBigShamrock8]

Oh wow.  I wonder how that tower will affect leasing rates.  I'm not an expert on the subject but I can't imagine living within 100' of that radio is a GREAT thing...

[Prodev]

Upside is they'll have great cell service. 

[Madison Parkitect]

Probably get great over-the-air TV reception too, if they're willing to sneak and climb a bit to place the antenna.

[mallguy]

Is there any possible activity for the former Expo Design Center space, below Target?  I'm surprised that it's still vacant over 5 years after the store closed.

[Madison Parkitect]

I think the issue with that space is that it's so big it needs a large national chain retailer, but Target has some rules in place against certain tenants being right below it. Anyone know if that's right?