Former Walmart to be converted into creative office space
A former Walmart near the Lynx Blue Line will soon be converted into creative office space.
Atlanta commercial real estate firm White Oak Real Estate Advisors acquired the big box structure at 801 E. Arrowood Road for $3.8 million in a sale that closed April 20, according to Mecklenburg County real estate records. White Oak, a firm new to the Charlotte market, plans to upfit the former retail store at the intersection of Arrowood and Old Pineville roads into a 110,390-square-foot, high-density office building. (read more)
Apartments developers turn to even more amenities
When I toured Charlotte’s newest high-end apartments last fall, I didn’t see how the amenities could get much nicer: Waterfall hot tubs, massage rooms, dog washes and more marked a level of luxury I certainly didn’t get when I rented my first apartment a whole decade ago.
Turns out, there’s a whole level of apartment amenities even beyond those. Charlotte’s high-end apartments are turning to amenities with a higher level of service, even splashier rooftop pools and decks and exclusive features such as private bars to differentiate themselves.
“The level of amenities in some of these projects is over the top,” said Gary Cline, managing principal of Cline Design Associates. He was speaking at a Bisnow forum on apartment development, held Wednesday at the Duke Mansion. “That’s just normal.” (read more)
Luxury condo building near Raleigh’s Cameron Village preps to break ground
The Wade, high end, five story condominium project is moving a step forward toward breaking ground. On the drawing board for close to two years, developers are telling potential buyers that the condos should be ready to move in by fall 2018.
Beacon Street Development has started site work and staging of this 27-unit building near Cameron Village and Fred Fletcher Park at 620 Wade Ave. (read more)
