Ascent South End

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Ascent South End
Ascent South End October 2022.jpg
Ascent South under construction in October 2022
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Former names1714 South Boulevard
General information
TypeResidential building
Location1714 South Boulevard
Charlotte, North Carolina
Construction startedDecember 2021[1]
CompletedJanuary 2024[2]
OwnerWhite Point Partners and Greystar
Height
Roof318 feet (97 m)[3]
Technical details
Floor count24
Floor area590,000 sq ft (55,000 m2)[4]
Design and construction
ArchitectR2L
DeveloperWhite Point Partners and Greystar
Other information
Parking472 spots[5]

Ascent South End is a 24-story transit oriented residential building[6] under construction in South End Charlotte, North Carolina.[7] Upon completion it will be 318 feet (97 m)[8]

History[edit]

White Point Partners specializes in mixed use and adaptive reuse of multifamily, retail, and office properties. Its signature Charlotte project is Optimist Hall, a former gin mill that received a $60 million adaptive reuse to become a food hall and office space leased to Duke Energy. This vision really fits this area of South at E Kingston and South Blvd. Dilworth Artisan Station has been preserved which hosts many artists' studios, its two buildings date back to 1909 and 1950.[9] The 4 parcels of land that make up Ascent South End's site contained a former restaurant, an abandoned convenience store, a single story Walgreen's, and a small 2 story former brewery.[10][11][12]

The property acquisitions that shaped the development of the building occurred in 3 separate transactions over a 4-year period from 2017 to 2021. The building's property sits on a 3.5-acre lot that is made up of 4 parcels. The first transaction White Point Partners and Greystar completed was in February 2017 for $5 million to acquire two parcels located at addresses 1700 South Blvd which included a 2,600 square feet (242 m2) former convenience store and 1708 South Blvd which contained a two story 18,946 square feet (1,760 m2) building. This two-story building was formerly a brewery for Atlanta-based New Realm Brewing Co.[13][14]

In February 2019 White Point Partners purchased the Dilworth Artisan Station at 118 E Kingston for $8.7 million. After purchasing the property, it was rezoned as transit-oriented development-mixed use. The rezoning of Dilworth Artisan Station was another step in the creation of the 3.5-acre lot the building occupies.[15] The adaptive reuse of Dilworth Artisan Station, the Ascent South End's amenities such as co-working space and extensive gathering spaces and the 400,000 square feet (37,161 m2) office building being developed at 1728 South Blvd. are part of White Point Partner's vision to transform the entire block into a "live, work, and play" destination.[16] [17][18]

In June 2021 the second and final transaction for $12.1 million was completed which included the permanently closed Rosemont and 120 E Kingston.[19] The rezoning petition for 3.5 acres along South Boulevard to rezoned as mixed use[20] was approved by city council in June 2021. [21] [22] About an acre of the 3.5 acres has been rezoned as transit-oriented development urban center, the most flexible and dense transit-oriented zoning. This acre was for the lots with addresses 1700 and 1708 South Blvd., 1714 South Blvd. is the location of the building.

Building Design[edit]

The building will include 324 apartments and 15,000 square feet (1,394 m2) of ground floor retail. The apartments will range in size from microunits to three-bedroom units with two three-bedroom penthouse units. The apartments will have many high-end features such as custom closets, elevated appliance and fixture packages, and highly functional kitchens. The building will have 20,000 square feet (1,858 m2) of amenity space for residents to include extensive communal gathering spaces, co-working offices, and a fitness center. The rooftop terrace features such as furnished with hammocks, fire pits, a sky bar and provides added spaces for events and general recreation.[23] [24] Another important feature of the building will be its many green initiatives such as lighting control strategies and safer materials, EV charging stations,[25] and smart thermostats.[26]

The exterior and interior design of the building have been carefully crafted by R2L Architects and EoA Group for interior design. The exterior has been specifically designed as reminder of South End's past as a warehouse and industrial district, it will feature a largely masonry exterior and oversized windows.[27] The gold and brass accents on the exterior are intended to reference Charlotte’s days as an important national gold mine location. The interior's use of brick masonry, concrete, and deep crimson colors to match the exterior's industrial and warehouse reminiscent design.[28]

Justin Trowbridge, Principal at White Point stated "Ascent South End will bring highly sought after residential and retail space to South End, nicely complement our adjacent office tower development and Dilworth Artisan Station and will solidify this block as the premier live-work-play destination in Charlotte's hottest area".[29] Josh Glover, Greystar’s senior director of development, stated this about the project "South End has been a cool neighborhood for a long time but it really feels like it’s hit its stride over the last 18 months or so. It’s been exciting to see the submarket grow to the point where it can sustain high-rise residential developments.”[30] Since the area has been experiencing such fast growth Greystar felt like they are meeting a need for additional residential buildings.[31]

See also[edit]

  • South End
  • List of tallest buildings in Charlotte, North Carolina


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References[edit]

  1. Lu, Yiwen (30 June 2021). "Developers close deal on 24-story South End tower in latest change to fast-growing area". Charlotte Observer. Retrieved 10 October 2022.
  2. Lu, Yiwen (30 June 2021). "Developers close deal on 24-story South End tower in latest change to fast-growing area". Charlotte Observer. Retrieved 10 October 2022.
  3. "1714 South Boulevard". Emporis. Archived from the original on October 7, 2021. Retrieved October 7, 2021. Unknown parameter |url-status= ignored (help)
  4. "Ascent South End". R2L Architects. Retrieved 10 October 2022.
  5. "Ascent South End". R2L Architects. Retrieved 10 October 2022.
  6. "Ascent South End". R2L Architects. Retrieved 10 October 2022.
  7. "Greystar, White Point Break Ground on Ascent South End". Cision PR Newswire. 3 March 2022. Retrieved 10 October 2022.
  8. "1714 South Boulevard". Emporis. Archived from the original on October 7, 2021. Retrieved October 7, 2021. Unknown parameter |url-status= ignored (help)
  9. Fahey, Ashley (26 February 2019). "Charlotte firm targets 2 properties near light rail in acquisitions, rezoning petitions". Charlotte Business Journal. Retrieved 10 October 2022.
  10. Fahey, Ashley (8 February 2017). "High-profile real estate in South End sells for nearly $5 million". Charlotte Business Journal. Retrieved 10 October 2022.
  11. O'Connell, Liz (2 February 2022). "Joint venture plans South End office tower to start construction in 2023". Charlotte Business Journal. Retrieved 10 October 2022.
  12. Fahey, Ashley (1 June 2021). "White Point Partners acquires South End property for future residential, office project". Charlotte Business Journal. Retrieved 10 October 2022.
  13. Fahey, Ashley (17 July 2017). "Why this brewery put its South End building on the market". Charlotte Business Journal. Retrieved 10 October 2022.
  14. Fahey, Ashley (8 February 2017). "High-profile real estate in South End sells for nearly $5 million". Charlotte Business Journal. Retrieved 10 October 2022.
  15. Fahey, Ashley (26 February 2019). "Charlotte firm targets 2 properties near light rail in acquisitions, rezoning petitions". Charlotte Business Journal. Retrieved 10 October 2022.
  16. "Ascent South End". R2L Architects. Retrieved 10 October 2022.
  17. Peralta Soloff, Katie (29 June 2021). "24-story tower coming to South End in former Rosemont spot". Axios Charlotte. Retrieved 10 October 2022.
  18. O'Connell, Liz (2 February 2022). "Joint venture plans South End office tower to start construction in 2023". Charlotte Business Journal. Retrieved 10 October 2022.
  19. Fahey, Ashley (1 June 2021). "White Point Partners acquires South End property for future residential, office project". Charlotte Business Journal. Retrieved 10 October 2022.
  20. Fahey, Ashley (22 June 2021). "South End mixed-use development among rezonings approved by Charlotte City Council". Charlotte Business Journal. Retrieved 10 October 2022.
  21. Fahey, Ashley (17 July 2019). "Why this brewery put its South End building on the market". Charlotte Business Journal. Retrieved 10 October 2022.
  22. Fahey, Ashley (1 June 2021). "White Point Partners acquires South End property for future residential, office project". Charlotte Business Journal. Retrieved 10 October 2022.
  23. "Ascent South End". R2L Architects. Retrieved 10 October 2022.
  24. "Greystar and White Point Break Ground on 324-Unit Ascent South End Apartment Community in Premier Charlotte Urban Neighborhood". MultifamilyBiz. 15 March 2022. Retrieved 10 October 2022.
  25. Sanders, Julia (7 March 2022). "Greystar, White Point Break Ground on 24-Story Apartment Building in Charlotte". Rebusiness Online. Retrieved 10 October 2022.
  26. Lu, Yiwen (30 June 2021). "Developers close deal on 24-story South End tower in latest change to fast-growing area". Charlotte Observer. Retrieved 10 October 2022.
  27. "Greystar and White Point Break Ground on 324-Unit Ascent South End Apartment Community in Premier Charlotte Urban Neighborhood". MultifamilyBiz. 15 March 2022. Retrieved 10 October 2022.
  28. "Ascent South End". R2L Architects. Retrieved 10 October 2022.
  29. "Greystar, White Point Break Ground on Ascent South End". Cision PR Newswire. 3 March 2022. Retrieved 10 October 2022.
  30. Peralta Soloff, Katie (29 June 2021). "24-story tower coming to South End in former Rosemont spot". Axios Charlotte. Retrieved 10 October 2022.
  31. Lu, Yiwen (30 June 2021). "Developers close deal on 24-story South End tower in latest change to fast-growing area". Charlotte Observer. Retrieved 10 October 2022.


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