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Saturday, July 18, 2015

CondoCanDo's archives: Stories from 2005 regarding condominiuums

Sep. 07, 2005

Hot trends so far in 2005

The Next Big Thing

Four of seven residential high-rises announced over the past 16 months are under way uptown, and two are almost ready to start taking contracts.
To satisfy demand for homes closer to the center city, apartment complexes -- and possibly even a hotel -- are going condo.
A 30-acre entertainment village is under way in the northwest corner of Fourth Ward.
And the uptown development surge north of The Square is finally spreading -- to South Tryon Street, West Trade Street and Second Ward.
Outside the core, development booms in southwest Mecklenburg as rim counties experience a surge in commercial and residential activity.
Those are some of the trends spotlighted in The Next Big Thing column, which debuted Feb. 16.
The idea was to look beyond the breaking news of the day and provide context for readers to understand a real estate trend and its potential implications.
In the early weeks, we wondered whether the Charlotte region was large enough to have a Next Big Thing every week. Boy, are we convinced now.
We've traveled from Mooresville to Lancaster County, from Matthews to Belmont talking with developers, planners, analysts and residents.
As we research the issues through the end of the year, check our list of the top trends from the first six months of The Next Big Thing.
The High-Rise Buzz
One of the biggest surprises in urban development is the dramatic shift toward high-rise living.
Seven residential towers have been announced uptown. Construction is under way on four -- 17-story Courtside, 28-story TradeMark, 13-story 230 South Tryon and 36-story Avenue.
Developer Pete Verna said he expects to start work this month on The Park, 21 stories.
The Vue Charlotte, a 50-story tower, is opening its sales center Monday at 101 N. Tryon St. in One Independence Center.
And Avenue plans to open its sales office Saturday at 500 W. Fifth St., Suite 120.
The developer of EpiCentre's proposed 53-story residential tower hasn't disclosed details.
The center city appeals to empty-nesters and young professionals attracted by cultural amenities, entertainment and restaurants.
Many people also are striving to live closer to their jobs in the center city -- a trend that could become more popular in the wake of the gasoline crunch.
How intense is interest?
Churchill Development Group LLC, developer of The Vue Charlotte, said more than 3,000 people have requested information about that project's 403 units by phone and e-mail. And 400 have made appointments to talk with a sales agent about purchasing. The Vue Fifth & Poplar RiverGate 230 South Tryon

Friday, July 17, 2015

Let's Chat About Elizabeth, the surrounds and a favorite condo...Laureldale


Elizabeth is neighbor to many: Myers Park, Plaza Midwood, Eastover, Uptown and Home to CPCC,
 The Street Car and Presbyterian now Novant.

A quad in many ways with nuances, Laureldale

Charlotte has at the moment seven historic districts or neighborhoods: ( Dilworth, North Davidson (No Da), Plaza Midwood, Fourth Ward, Wesley Heights, Hempstead and Wilmore, the last two, the latest. Elizabeth has a National designation historically. I am not sure of the details but here is a Google Map. Elizabeth fringes Chantilly, Eastover, Myers Park, Plaza Midwood and maybe even Villa Heights. Monroe Road becomes E. 7th, Hawthorne becomes Queens Road or vice versa, Randolph Road becomes Fourth Street and Independence, 74, slices off a stretch.
I suppose I am drawn to the trees, old and
 limber, inviting and providing shade.

Condominiums fall into a wide range as well. Off 7th on Clement there is a wonderful historic home that has been converted to condos, Alexander House. This occurrence runs throughout Charlotte especially in the older areas. Years ago one very progressive real estate broker converted several of the big mansions in Myers Park to condos. I always think of her as visionary. And part of me believes we will see that happen again as the population ages and the luster of the large old homes and new large homes become passé.
Favorites: In Myers Park fringe area: Boxwood by Brian Speas, the gentleman builder who builds a superior product always and generally in Myers Park, Eastover, Barclay Downs, Park Road and some infill around Freedom Park. An oldie, Queens Mark, also that same fringe area, the first new wave of lofts, Elizabeth Lofts, and one of my very favorite favorites, Elizabeth on the Park
Tucked off the beaten path yet touching it. Location!
The grounds keep Laureldale's charm intact.
overlooking Independence Park, and pictured here, Laureldale. Once apartments, the setting is between Randolph and Fifth, lovely brick buildings, a pretty quad, central laundry ( a telltale sign of  apartment conversion in that era) Alson Court across Randolph is in Eastover. Once apartments and converted, Alson is a grand old building with one bedroom, two bedroom and three bedroom units, a handful of garages, built like Fort Knox.
 Laureldale’s  neighbor, The Grove, is a handsome renovation of old apartments. Density reigns approaching Hawthorne as it crosses 74 with Hawthorne Bridge, Elizabeth Village et al. A wonderful conversion, The Rutzler, 1920, renovated in 2005 has a new apartment building as its neighbor, at Louise and Central.
I have been thinking about how to illustrate the variety of condominiums in any given area. Maybe I will make a chart so we can look at their differences even though they all post a prime location. It is a game I play with myself, CondoCanDo!
The location is Randolph Road at Sharon Amity, Cotswold.

Monday, July 13, 2015

The Poplar in Fourth Ward, circa 1926 Something old, something new, something borrowed, something true.

A simple, elegant entrance, hardly
noticeable to a mere passerby.

A pocket garden of roses, of course.

The Poplar, 1926 in Fourth Ward
started as apartments. Hmmmm?

July 2015

Charlotte is on the rise. Towers uptown are on the rise. Apartment projects proliferate the corners on our main thoroughfares as we wait for the surge of the Millennial Generation. First the apartments, then the conversions, then the lines blur and maybe we stop to wonder what happened. Because we are no stranger to being the Belle of the Ball. We are
 a city of the New South and we are a city of folks who tear down the old for the
 promise of newer and better and greater.

 Until there is a whiff of maybe not...
So, to ease my wondering about the cadres of investors who boast the building of apartment buildings with not just twenty or thirty apartments but hundreds, I wander around in the Charlotte I know so well. Through the sparkle of new and tall and lean and open, I wind my way to Historic Fourth Ward to one of my most favorite condominiums, The Poplar.
Like a grand dame she reposes on the fringe, too taken with her rose garden, her lovely, petite roof top, garnering a nice pleasant view of the skyline, this  city of the New South, as she gazes down on historic homes and the narrow streets with large trees.
I was a student of The Poplar long ago in the 80's. Max The Wonder Dog and I were taking pictures uptown on a Sunday morning, a young couple stopped to speak to Max, a handsome tawny Briard. They saw our license tag, "RE LADY", and asked if I were a realtor? They were looking for a condo uptown. Max got credit for the sale. I made new friends and discovered the inside workings of The Poplar.
Poplar and Tenth in  Historic Fourth Ward

Every once in a while, I like to visit to see how much I remember and to make new discoveries like the elevators fore and aft. The second I step foot in the lobby I am whisked away to New York City. The Poplar has that kind of ambiance. Is it NYC or Europe?
Hardwood floors throughout, some condo homes large and spacious with fabulous light from the old glass carefully hung in metal casings, taller ceilings and an aura of having lived many lives, these spaces whose stories include lauded musicians and artists
and people of creative bent.

Fourth Ward and Uptown Condos:

Just for fun...we know the names of the biggest, newest, shiniest,
but have heart, there are others:
Tenth Avenue Townhomes,Brennan Court, Poplar Place,Settlers Alley, 400 North Church,409 West 8th Street, Sixth and Pine Townhouses, Barringer Square,
Chapel Watch,Churchill to name a few.

And this then begs the question? Older or newer?

Next , Condo CanDo® and I take a walk through Elizabeth.
Elizabeth is a Nationally recognized historic neighborhood.
As is Myers Park.

Laureldale in Elizabeth
How to tell if they were at one time, apartments?