The complex will include 264 upscale apartments in nine buildings on 23 acres. Grading and site work have started. Construction should begin soon, said Scott Wallace, president of Keystone Homes, with the complex expected to be completed by the fourth quarter of 2017…
The complex will include a clubhouse, pool and other amenities. There will be two entrances, a main one off Strickland Court near its intersection with Wendover Avenue and Guilford College Road, and a second off nearby Ruffin Road.
Wallace said the project will cost about $25 million. Keystone is self-financing the work, he said. The apartments will range from 800 to 1,500 square feet, and from one to three bedrooms. Rents will vary from $900 to $1,400 a month.
The community will be located across the street from BSC Holdings’ almost completed Lafayette Landing community, which is a combination of apartment and single family house rentals.
The historic Southeastern Building in downtown Greensboro — described as the city’s first skyscraper — has won the Great Historic Rehabilitation Award from the N.C. Chapter of the American Planning Association.
The property, which was nominated for the award by the city’s planning department, earned more public votes for the title than the six other entries from across the state. The online contest ran May 2-13.
PTAA member BSC Holdings’ Southeastern Building has been nominated for a Great Historic Rehabilitation award and you can support them by voting, and unlike presidential elections you can vote early AND often. Here’s the info and please go and vote…often:
The historic renovation of the Southeastern Building located on the corner of Elm and Market Streets in downtown Greensboro has been chosen as a finalist in the APA-NC Great Places People’s Choice – Great Historic Rehabilitation Contest! This is a program of the American Planning Association , North Carolina Chapter.
Voting will run from Monday, May 2, at 8:00 a.m. to Friday, May 13, at 5:00 p.m. Each person is allowed to vote for their favorite historic rehabilitation project once per day per device (your computer, your phone, your tablet, etc…).
Please help us earn this recognition for Greensboro by voting here each day:
The Southeastern Building, located at the corner of N. Elm and Market streets, began its life as the American Exchange National Bank Building and was the tallest in Greensboro when constructed in 1920.
Local developers Barry Siegal and Willard Tucker began restoration of the building in 2013 following City Council’s approval of an Urban Development Investment Grant of $273,347 for the project, which is now nearing completion. The building features 51 apartments, as well as office, retail and restaurant spaces.
The Southeastern Building was placed on the National Register of Historic Places in 1982 as part of the Downtown Greensboro Historic District and it was awarded the Landmark designation in 2010.
The name of BSC Holding’s new $10 million project, which is expected to be ready for renters in spring 2016, is The Lofts Hillside at Little Creek. The initial 148,000-square-foot building will have 88 apartments, offering primarily two-bedroom units with two baths and office space. It will have several units with one bedroom and 1 ½ baths.
“It will be the same architecture and same finishes as the Lofts at Little Creek,” said Amanda Williams, the vice president for BSC Holdings, which is based in Greensboro.
The two-bedroom units will range from 1,200 to 1,400 square feet. The one-bedroom units will be 925 square feet.
Amenities will include nature trails and a large dog park, and an additional pool and fitness center. Monthly rent will run from $950 to $1,450.
BSC Holdings recently broke ground on the most recent iteration of it’s “mixed rental” development concept. From the Triad Business Journal’s story about the development:
Construction began recently on Greensboro developer Barry Siegal‘s new residential project, which includes 83 rental homes and a 120-unit apartment complex.
Lafayette Landing Apartments and Villas will sit on 40 acres on a mostly vacant swath of land at Guilford College and Ruffin roads…
Construction will take 18 months, Williams said, but the first phase — which will include 17 detached single-family homes, three apartment buildings, a clubhouse and garage building — is expected to be ready for occupancy by August.
The second and third phases, including the remaining 66 houses and 12 apartment buildings, will wrap up by late summer or early fall 2016, Williams said. Each apartment building will be two floors and will have eight units. The community will include amenities such as a pool and clubhouse.
The apartments will be one-, two- and three-bedroom units, and rental rates will start at $850 and $1,200, depending on size, Williams said. Rental rates for the homes will range from $1,100 to $1,750.
In High Point on the edge of Greensboro, these 33 houses will be in a category of one: a gated neighborhood of single-family homes that will never be for sale.
That’s right: never for sale.
Barry Siegal’s BSC Holdings is clearing land now to build rental-only houses for people who want to be in a suburban Triad neighborhood without the hassle and maintenance that comes with owning a home.
So BSC is building the houses in a lush, rolling complex off Piedmont Parkway not far from Wendover Avenue.