I’ve been saying this since I started commenting on this forum a few years ago.
That’s a good point!
I got invited to do a tour of 301 and I’ll be sure to ask lots of questions and try to get some answers to the above. I agree that we do need more residential inventory but we need a mix of rental/ownership and not just townhomes. It’s unfortunate financing makes condos more challenging. I don’t have the tour on the calendar yet but I’ll report back when I do.
I wish I was invited
It was unsolicited and not sure why, but I’m not going to argue with it.
Actually, I think the hotel “pause” move makes sense. Everyone agrees that a big spike in travel is coming but we don’t know what it looks like after that spike. Will it ease down, stay the same? Why build a hotel in a downtown area when the future is uncertain?
A building is a long term investment.
I hate it so much that they are willing to wait for the hotel shortage crisis to return. It makes no sense. All of our famous festivals are expected to return soon so it’s pointless to not prepare for them. Stupidity and ignorance is bliss then again I’m not a financial expert.
Plus the Origin Hotel and Willard are 2 new hotels that are now here. I count Origin because they opened just as things were closing.
I had the same thoughts. I would prefer to see more/new hotels around the Convention center where there are several in the proposal stages. I think the Willard, Origin, Hampton Inn, and possibly another smaller hotel (6-10 stories) in GS would be sufficient for this neighborhood of DTR. We need more near the convention center and DT proper IMO.
And Origin has been busy, so was Longleaf last night. Great to see.
A 20 floor residential building would be lower in height than the Pendo tower. If the property could be rezoned to 40 floors, but capped at 30 floors and residential, it could easily be over 300 ft: affording the higher floor units some fantastic views.
I am pretty sure the Sky House is 20 floors. That’s probably a good benchmark.
Much shorter, about 200 feet plus or minus. 20 stories including parking deck floors. 10.5 feet for parking deck floors + 8 minimum feet for apartment floors. I’m guessing 9 floors of parking x 10.5 feet + 11 floors of apartments x 8 feet = 182.5 feet or so.
23 if you count the amenities deck (rooftop).
But I’m not sure SkyHouse floor to floor is typical residential? Maybe it is…
My thought is that if they’re scaling back the 2nd (now final) phase of this development, they BETTER save the historic brick structure on the corner. The hell would be the point of knocking it down and still wrapping a huge development just around The Flying Saucer building now??
And honestly, that’d be fine with me - of course I’d prefer it go taller, and that would certainly make sense to do if they consider adding condos - imagine how much a top floor penthouse condo would go for with a view above Pendo of the CBD - but if they can only go shorter to get some height variation, that’s fine with me vs two exact-same-height boxes on top of an ugly parking deck.
They could make it a nice restaurant or something… I think they should save it as well!
I have a hard time believing developers today would go with 8 ft. ceilings in new construction. 511 Faye @ FNB has 9’+ ceilings according to their website, which might suggest 10’ slab to slab dimensions.
FNB was commissioned by a bank–they don’t have to beg for loans, Fallon Company seems to be cheaping out.
It takes a year and a half almost two years to build hotels/building depending on the height/material. By the time its fully operational people will already been back to traveling, exploring and wanting to go to events. They could add density now and build up downtown while it’s not alot of activity and have it ready so when businesses, sports, tourism etc. want to consider the city they will see there is efficient space for their companies etc… Soon as I got Vacinated last week, I started adventuring out more and going places. Prep for the future. That hotel would of done great especially smack in the middle of downtown.