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.
"An Atlanta-based real estate investment group has announced plans for more than 1 million square feet of retail, office, hotel and residential property adjacent to Winston-Salem's downtown ballpark.
The proposed development by Brand Properties, called the Brookstown District at BB&T Ballpark, would include 300,000 square feet of retail, 300,000 square feet of office space, 250 hotel rooms and 580 luxury residential flats.
The development likely would include a mix of entertainment, lodging, residential and retail, possibly including a grocery store and restaurants, according to a news release."
Nice concept, but they're taking away all the parking spaces for the baseball games!
Are those parking garages in the rendering? Both in the foreground to the left and directly connected to the stadium?
And this is a good development. I like filling in that space, connecting the ballpark with downtown just a little bit more. I am starting to get just a little worried about the sheer amount of upscale apartment/condo development going on all at once right now, but I doubt folks would be pushing to build it if it wasn't getting sold/leased.
Are those parking garages in the rendering? Both in the foreground to the left and directly connected to the stadium?
And this is a good development. I like filling in that space, connecting the ballpark with downtown just a little bit more. I am starting to get just a little worried about the sheer amount of upscale apartment/condo development going on all at once right now, but I doubt folks would be pushing to build it if it wasn't getting sold/leased.
The building on the right looks like a parking deck with commercial space wrapped around it, and then a second deck on the far left.
That much retail and office space seems very aggressive to me.
Are those parking garages in the rendering? Both in the foreground to the left and directly connected to the stadium?
And this is a good development. I like filling in that space, connecting the ballpark with downtown just a little bit more. I am starting to get just a little worried about the sheer amount of upscale apartment/condo development going on all at once right now, but I doubt folks would be pushing to build it if it wasn't getting sold/leased.
I've been reading about a sharp increase in demand for downtown residential in Winston-Salem for a couple of years now. I even heard that Novare in Atlanta was looking at W-S for development of another Skyhouse. It's a hot market right now, and every new development sells out very quickly.
That area is also lacking in retail. A grocery store will be great there - the first full service grocer for downtown W-S. This was all planned years ago but never happened due to the recession.
The building on the right looks like a parking deck with commercial space wrapped around it, and then a second deck on the far left.
Right, but what's that immediately adjacent to the ballpark? Office space? I'd heard office space was planned there pre-recession, so maybe they're trying again.
And looking at the map, there actually won't be all that much parking lost. Even a reasonably small garage would make up for it.
Quote:
That much retail and office space seems very aggressive to me.
Does it? Maybe a little. However, with the Link Apartments right next door, plus tenants, office workers and hotel guests from this venue, there's a built-in contingent of new customers. Plus, the right retail could convince people to come early for the game and make an afternoon of it.
I've been reading about a sharp increase in demand for downtown residential in Winston-Salem for a couple of years now. I even heard that Novare in Atlanta was looking at W-S for development of another Skyhouse. It's a hot market right now, and every new development sells out very quickly.
Oh, there's definitely demand, but with the Link, the Edge, and all of the loft space near the WFIQ coming online at the same time (and all stalking the $1000+ renters), it seems like a lot to soak up all at once. But I guess by the time this development is ready to roll, the market will have leveled out.
Quote:
That area is also lacking in retail. A grocery store will be great there - the first full service grocer for downtown W-S. This was all planned years ago but never happened due to the recession.
Absolutely. A grocery store is a good call. There are tons clumped together in the Cloverdale/Miller/Thruway area but, as you say, none closer to downtown. There isn't even one along Peter's Creek for quite a ways.
Right, but what's that immediately adjacent to the ballpark? Office space? I'd heard office space was planned there pre-recession, so maybe they're trying again.
And looking at the map, there actually won't be all that much parking lost. Even a reasonably small garage would make up for it.
Does it? Maybe a little. However, with the Link Apartments right next door, plus tenants, office workers and hotel guests from this venue, there's a built-in contingent of new customers. Plus, the right retail could convince people to come early for the game and make an afternoon of it.
The building adjacent to the right field fence looks like an office building to me?
No doubt the total parking will increase over the surface lot thats there now, but I wonder how much, if any, will be available for baseball patrons. There's no financial connection between the team and this development group, that I'm aware of.
300,000 sf is a LOT of retail, especially in that location.
The building adjacent to the right field fence looks like an office building to me?
That would make sense. Hard to tell from the rendering. Like I say, I remember someone saying that was planned for office space.
Quote:
No doubt the total parking will increase over the surface lot thats there now, but I wonder how much, if any, will be available for baseball patrons. There's no financial connection between the team and this development group, that I'm aware of.
True, but I'm sure a smart planner would at least factor in some pay parking on game days.
Quote:
300,000 sf is a LOT of retail, especially in that location.
'tis. A grocer would soak up a chunk of that, but that still leaves, say, 240k-280k of space to fill. (Hanes Mall, for comparison, has about 1,550,000 sq ft of leasable space)
I hope it happens - this would be a nice large scale project for W-S.
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.