U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Charlotte
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-01-2013, 01:48 PM
 
74 posts, read 126,633 times
Reputation: 44

Advertisements

Just got word from a friend who works for a company called Associated General Contractors. She says that they just received the project this afternoon. Not sure if it's supposed to be the entire building, however it's including 7 structures including the former Sears, JC Penny, Belk, Dillards, Firestone Service Center, Hollywood Video, and the Inline Mall Space Proper; a total of approximately 1.2 million sq. ft.

I tired searching for any news articles on it, but found nothing. Again, she says they just received the project, so maybe the media is not yet aware of the move. It was just a Facebook post , so it's quite possible to be completely false, but thought you people may be interested.
Reply With Quote Quick reply to this message

 
Old 02-01-2013, 02:07 PM
 
2,154 posts, read 2,353,730 times
Reputation: 3093
Eastland Mall to be demolished and rebuilt as production studio | www.wsoctv.com
Reply With Quote Quick reply to this message
 
Old 02-01-2013, 04:33 PM
 
Location: Lake Norman, NC
7,180 posts, read 11,195,308 times
Reputation: 30731
This article is from September. The City hosted an event Wednesday for developers to tour the mall and survey it for possible use as a studio complex. I highly doubt there would be any demolition orders the very next day.

Business leaders tour Eastland Mall | WCNC.com Charlotte
Reply With Quote Quick reply to this message
 
Old 02-01-2013, 06:12 PM
 
8,402 posts, read 20,273,424 times
Reputation: 6774
I read in a linked article from the title post that said the tax incentives, which apparently are a primary driver in deciding where movies are made, run out in 2015. If true, it seems building a movie studio wouldn't be such a good idea. But what do I know.
Reply With Quote Quick reply to this message
 
Old 02-01-2013, 10:28 PM
 
601 posts, read 789,236 times
Reputation: 628
The city hasn't chosen a buyer and developer yet for the site. Some of the developers want to demolish the site, and others see some uses with the original building.

My guess is that your friend was contacted by one of the developers that are interested in the site, but wants to destroy the original building. I think we'll find out which developer will get the rights to the site by July.

Also, here's a rendering of one of the proposals for the site:

[IMG]http://media.wcnc.com/images/600*450...and+mall+1.jpg[/IMG]
Reply With Quote Quick reply to this message
 
Old 02-02-2013, 10:47 AM
 
3,185 posts, read 5,758,064 times
Reputation: 1818
If it is going to be demolished WHO is going to pay for it....?
Reply With Quote Quick reply to this message
 
Old 02-02-2013, 08:15 PM
 
Location: Lake Norman, NC
7,180 posts, read 11,195,308 times
Reputation: 30731
Quote:
Originally Posted by crestliner View Post
If it is going to be demolished WHO is going to pay for it....?
From the Disturber:

The city has said it could help finance part of the project, possibly by paying to demolish the mall, if needed. But Peter Zeiler of the city’s economic development office warned developers that the city wouldn’t be taking the lead.

“Don’t ask for $150 million, or $300 million,” Zeiler said.

Read more here: Charlotte puts vacant Eastland Mall on display | CharlotteObserver.com
Reply With Quote Quick reply to this message
 
Old 02-03-2013, 03:20 AM
 
3,914 posts, read 3,940,876 times
Reputation: 1272
So the city paid 200% to 600% over market rates for a building that is only fit to be demolished and there is no real plan to make it into a movie studio.

Some of us here said this would happen.
Reply With Quote Quick reply to this message
 
Old 02-03-2013, 07:38 AM
 
Location: Inactive Account
1,508 posts, read 2,469,687 times
Reputation: 965
Maybe the discussion for razing has begun in order to get anyone serious about using it as-is to get serious and step forward.

Obviously the longer this dithering goes on, the more the site deteriorates, and razing could become the only outcome in a few more years.
Reply With Quote Quick reply to this message
 
Old 02-03-2013, 08:46 AM
 
1,163 posts, read 1,960,216 times
Reputation: 1106
Quote:
Originally Posted by frewroad View Post
So the city paid 200% to 600% over market rates for a building that is only fit to be demolished and there is no real plan to make it into a movie studio.

Some of us here said this would happen.
It's an incredible time to be a taxpayer. Puke.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina > Charlotte
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top