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Guest donaltopablo

Condos on Westin parking deck

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Topic to discuss retrofit of Westin to include a condo tower on top of the parking deck.

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Westin mulls condos as part of tower

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Atlanta-based Portman Holdings, which developed the 700-room convention center hotel with Starwood Hotels & Resorts Worldwide Inc. of White Plains, N.Y., has been in contact with the Charlotte-Mecklenburg Planning Commission staff about incorporating condominiums at the hotel site. Portman officials acknowledge an interest in pursuing residential development at the 601 S. College St. property. But they caution that they are only in an exploratory phase. The $180 million hotel complex includes a six-story, 1,650-vehicle parking deck. Portman's arrangement with the city of Charlotte gives the company development rights for space above the deck.

Rest of the article here: http://www.bizjournals.com/industries/trav...ry3.html?page=2

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It's on the south side of the structure, across the courtyard from the hotel...next to I-277.

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Are there any all glass condos going up on stonewall because I heard a rumor of one going up on Stonewall in DT. Just wondering.

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The only action on Stonewall right now is the Metro School under construction....there is the Condo proposal at the Westin....but that hasn't really gotten off the ground.

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you're not thinking about the all glass office tower behind the westin are you?

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Whats the deal with the condo tower that was proposed to go on top of the Westin complex? Is it a dead project? This Article I think I had a rendering for it but can't find it now.

S. Tryon seems to be lacking these days in new construction as compared to other parts of downtown.

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ok on top of the parking deck. I thought on top of the westin itself, I was gonna say...

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While taking a lunch break tour of uptown today I noticed a sign in front of the Westin that said "office space available, New office tower" or something to that affect. I was driving so I didn't get a great look at it, but it showed the Westin hotel and another building behind it.

Is this sign new? Are things moving forward for this project? And does this mean they have ruled out the condo portion?

Mo

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While taking a lunch break tour of uptown today I noticed a sign in front of the Westin that said "office space available, New office tower" or something to that affect.

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Yeah I don't think that spot has a snowball's chance in hell at ever being a condo tower.

It will eventually be built as an office tower, but it's just a matter of finding a large enough tenant. It is very attractive space with below aveage rents for Class A uptown space and a parking ration of 2.5-3 spaces per 1,000 sq. ft. which is far superior to most any other tower downtown. I think if they would build it on spec they could easily lease it, but as has been stated many times, lenders don't loan money for spec office in Charlotte.

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Arggg, never noticed the sign before (kinda small) so I was hoping it was new. Wishful thinking got me as usual. Oh well, any type of building on the parking deck will help with density anyway.

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I wish everyday that we were in a better spec market. If we were, I can't imagine the kind of boom we would be seeing Uptown. Think of all of the spec office development in cities like Atlanta and then squash it into a small 1.5 square mile area, then poof, you have a mini NYC. B) Actually, the CBD of Chicago is equal to roughly the same size area of the space within the loop. If CLT ever got that dense what a city she would be. Could you imagin the drive around the 277 loop then? YEAH BABY !!!

A2

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if charlotte's sky eventually is that color, i'm not sure the population in the loop will be much more than ~500. i certainly won't live here in that scenario :).

A2, do you have some of what you are smoking to share? in what universe are you expecting charlotte, north carolina, to have the same amount of office space as downtown chicago? unlike chicago, we are not the entrepot for half a continent's worth of agriculture and manufacturing.

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if charlotte's sky eventually is that color, i'm not sure the population in the loop will be much more than ~500.

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I'll remind you guys that if you are smoking the good stuff, then the sky will take on that color. "oh wow man......" :lol:

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I thought I had heard about this before and had actually seen the rendering in an architecture magazine. Also thought they had discussed building condos with services from the hotel. I saw this sign the other day for the first time -- not sure how long it has been there but looked new and can't recall any recent press...

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anyone know details?

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That might be old. It was originally designed as an office tower (as the sign states) then the focus turned to condos. Who knows, they might have decided to go back to an office development...

Damn I like it a lot though, that cube is freakin' hot.

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I don't think it's old... I haven't seen this sign either. Maybe something's up with this. Not in love with it, but don't hate it either. It's hard to love/hate a shiny cube.

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Nah, its old, very old. I asked this question probably 8 months ago and everyone said it had been there for months already so its been there at least a year.

I like it though, wish they could sign an anchor tenant.

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Good point. On looking at the top of the sign, there's plenty of weathering...

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