I just got out of a neighborhood meeting with Kane and Clancey & Theys about the larger project on the north side of W Cabarrus. The project is moving forward starting with some infrastructure (sewer and stormwater) improvements in May. They are only starting with the residential phase of the project for now and will see how the market for office space evolves as the pandemic (hopefully) eases. Kane has stepped back (for now) from the warehouse project on the south side of Cabarrus due to market impacts of the pandemic.
Timeline:
Early sitework commencement: May 2021
Sitework complete: November 2021
Building construction start: November 2021
Building construction complete: October 2023
Building Deets:
“Platform” mixed used building
442 apartments (6 levels) and one level of amenity and commercial space
27,128 sq ft of commercial/retail space
592-space parking deck (fully wrapped with apartments, including the railway frontage)
View from corner of West and Cabarrus (edit: nope, I’m wrong it’s the corner of the new mid-property driveway between Saunders and West):
Looking east along Cabarrus:
Interior public courtyard/amenity space:
