what this spot needs is IKEA!!! Bring on the Scandi invasion!
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Word on the street is CityPlat is going to build a dog park here. I think there’s a YouTube video on it.
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I went to the neighborhood meeting last night. The developer was NOT there but his attorneys were. There are NO plans at this point (as we all knew). This is strictly a rezone and hold situation. Mixed use Commercial 20 Stories with conditions to be determined. The attorney was honest in saying that the lending and world situation right now did not lend itself to development but that they want to be ready when the market turns around. No opposition per se. Just questions. About 15 people in attendance. Good discussion. I don’t think they will have much issue in getting this one passed.
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So do you mean that they aren’t even going to renovate the kmart building? Or is that part of the project still on?
That was not mentioned
@orulz !!! It’s CityPlat!!! NO they ain’t gonna renovate the damn Kmart building!!! Come on we knew this from the moment they purchased lmaooooo
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But each time we get so hopeful!
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It’s right there in their name: CityPlat
Plat
noun
-
a plot of ground.
-
a plan or map, as of land.
Why do we expect anything more out of them?
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Renovating the building isn’t something the zoning attorney would know or care about, since it wouldn’t be affected by rezoning one way or another. Getting rent from the building is a way to cover the taxes while they speculate on the land (“covered land play”). But I wouldn’t hold out for anything like a grocer, who’d require a long-term lease and lots of equipment.
20 stories seems like a stretch here since high-rise will never pencil, and it has a -TOD bonus which pushes things even higher into won’t-pencil territory. (OK, I realize there’s a high-rise next door, but that was built at a time when high-rises didn’t face anywhere near the cost penalty they do now.) Then again, 7 stories probably isn’t enough given that even a mid-rise here could gain some elevation due to the slope.
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Hold up… you have discovered something lmao
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All of that notwithstanding, I am just glad that this is out of Sneeden’s hands, who was dead-set on redeveloping the K-mart as an updated, Harris Teeter-anchored strip mall.
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according to RM cityplat is pretty confident this thing is going to go all the way
“This is a legacy project for us,” says CityPlat investment leader G Patel of the last major site left on the Beltline. “This is a very large undertaking for our firm. We’ve had our eyes on this site for many years, and it finally aligned to where we can take this project on and feel comfortable with it.”
inb4 i’ll believe it when i see it
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Well I’m pretty unconfident in CityPlat’s confidence 
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Not sure if they have pivoted the business or what, but based on City Plat’s site it sounds like renovating and leasing/selling low-rise retail and light industrial is basically their entire business model
Our company seeks to acquire existing industrial, flex and retail buildings with value-add potential […] We primarily focus on small bay industrial and multi-tenant retail centers. Our extensive experience allows us to handle various commercial projects, including redevelopment, adaptive reuse, and build-to-suits for national tenants…
My wife loves cali burger. Went there and it was pretty good.
Putting up new facade on a strip mall is a “legacy” project for them? yikes. Talk about a low bar.
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I think they meant the eventual reimagining of it to be like a north hills
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The proposed final product looks horrible, I could care less about whether this project falls through. That’s just my opinion.
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I feel like this has already been discussed here. They have a more immediate proposal which is basically a temporary facelift, and then a longer term vision. I share the same lack of confidence in them fulfilling that, but I feel like everyone online is commenting about this intermediate stage.
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They have a vision of a minor facelift while they wait for someone to buy it and redevelop it into West Hills.
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