Dec. 12, 2014 UBJ

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UBJ

REAL ESTATE DEALS AND DEVELOPMENTS ACROSS THE REGION

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12.12. 2014

Greenville News site developers hope to ‘bring fresh energy’ downtown Public plaza anchors hotel, shops, housing and retail slated for 4 acres on Broad and Main paper operation into available space on the site where the soon-to-be demolished News building now stands. Glenn expects to attract a good combination of both national and regional chains for all aspects of the project and said the team is in discussions with several brands, though nothing is signed yet.

Valet / concierge Office over retail - 3 levels office over 1 retail level

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apartments, an upscale seven-story hotel, a dine-in movie theater, two office buildings, retail and restaurant spaces are all part of new plans released for the redevelopment of the current four-acre Greenville News property downRetail jewel box BRO town. AD The design grew out of the develExiting Trees STR EET opment team’s desire to “be a part New Street Trees of Main Street” but include all uses Plaza with drop off / valet area tied to hotel lobby – condos, apartments, hotels, retail, restaurants and office space – on Hotel over retail - 6 levels hotel above 1 level retail podium the site, said Brody Glenn, president of Centennial American Properties (CAP), which is working with Dallas-based Trammell Crow Additional level of retail below at drop off sidewalk grade +/- 7K space Corporation to develop the property. water feature “We wanted a plaza experience for people to enjoy,” he said. “So we designed a core plaza that was the Feature Stairs connecting main focus, and then we put buildplaza to Main Street sidewalk ings around that.” fireplace The site plan offers “connectivity fireplace and synergy with the Peace Center and Falls Park,” said David Glenn, Location of condominiums CAP founder and CEO. “Our team above office has worked hard to put together a OUT [Existing Building] plan that we feel will enhance and bring fresh energy to downtown Greenville.” While the developers expect some changes to the site plan as the approval process moves forward, “our plan shows how this development can help take our downtown to the next level,” said Brody Glenn. Architect Wakefield Beasley and MU Associates, which recently completRPH ed the $600 million Avalon liveY ST R EE work-play development in AlOffice footprint +/- 22,000 s.f. T pharetta, Ga., incorporated similar Office over retail with condominiums above 6-story office tower with 4 levels of premium features, such as the valet and condominiums above - 16 units concierge and outdoor fireplaces Approximate limits of theater Restaurant on ground level of below plaza and seating areas, into the Broad office tower overlooking river front park (6,000 s.f.) Multiple entrances to and Main project. paking below grade Brody Glenn said the development team felt an exposed parking deck “wouldn’t fit,” so they decided

CONCEPTUAL PLAZA SITE PLAN

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Stair connecting down to Falls St.

Retail jewel box in plaza area

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A public plaza surrounded by 16 condos, 225

to put the three to four parking levels of 750-900 spaces underground. The office space should appeal to both national and local tenants, and with views looking over the waterfall and Falls Park, Glenn expects high demand. The Greenville News reported this week that Gannett is considering relocating the news-

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SHERRY JACKSON | STAFF sjackson@communityjournals.com @SJackson_CJ

Residential over retail - 7 levels of units above 1 level retail podium +/- 225 units Glass atrium with vertical circulation connecting to parking levels below

Retail space on plaza level connecting between office and residential

Development Summary Retail eater Fitness Office Hotel

44,100 s.f. 30,000 s.f. (+ 5,700 s.f. Bistro) 28,500 s.f. 132,000 s.f. +/- 140 rooms (5 levels)

Residential 241 Units For Rent 225 Units (7 levels) For Sale 16 Units (4 levels) Parking

+/- 900 spaces on 3/4 levels


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