The Kingston, a 14-unit condominium project under
way in South End, is promising buyers skyline views within walking
distance of the trolley line.
MECA Properties, which has spearheaded much of the
new development in South End over the past 12 years, is developing the
$3.6 million project.
The four-story early 1900s-style brick building will
have 12 residential condos on the upper floors and two commercial condos
on the ground level at 1700 Camden Road -- on the corner of Camden and
Kingston Avenue.
Tony Pressley, president of MECA Properties, said
both commercial condos have sold, along with four residential units.
The one- and two-bedroom residential flats range
from 950 to 1,150 square feet and list for $199,900 to $264,400.
MECA announced The Kingston in November 1999 but
later decided to hold off on construction because of several competing
projects and a full plate that included renovation of Spaghetti
Warehouse's vacated space in an old South End mill and construction of
commercial condos along South Tryon Street.
Also, Pressley said, the delay gave the city time to
launch improvements along the nearby rail line that will carry the
trolley.
"There was no sense of urgency," he said.
"We had time to wait and listen to the marketplace and fine-tune our
projects based on lessons learned from watching the others under
way."
Market research persuaded MECA to go from a
loft-design with exposed ductwork to more traditional rooms with 10-foot
ceilings, Pressley said.
In addition, he said, "we redrew the plans to
enhance kitchens and baths." Kitchens now include custom cabinets and
granite countertops, and bathrooms feature tile flooring and tub/shower
surrounds plus cultured marble countertops.
For more money, buyers can choose from such optional
upgrades as stainless steel appliances and garden tubs.
Narmour Wright Associates designed The Kingston, and
Doerre Construction Co. is building it.
Pressley said proximity to the trolley-light rail
corridor was a key consideration in the decision to proceed. Regular
trolley service is due to start between South End and uptown next summer,
and light rail service is to start in 2006.
The Kingston is expected to be completed by next
fall.
MECA Properties redeveloped the 13-acre Atherton
Mill complex at South Boulevard and Tremont Avenue in the early 1990s as
shops, restaurants and live-work condos.
Later, it created the Design Center of the Carolinas
by converting two former mill and manufacturing buildings off Camden Road
near the trolley line to offices, studios and showrooms for interior
design and home decor tenants.
"The housing component is the last piece we
need to make this a sustainable, thriving area," Pressley said.
He's participating by purchasing a residential condo
in The Kingston.
Doug Smith's Notebook
• Dougherty Clements & Hofer leased 8,579
square feet in the Roxborough Building at 1901 Roxborough Road in
SouthPark.
The law firm plans to move from the Two Fairview
Building in SouthPark and begin operating from the new offices on Jan. 1,
said Lee Teague of Equis Corp.
Teague and his associate Dan Millard at Equis
represented the tenant in the lease, and Mark Decherd and Kimball Wood of
Trammell Crow Co. represented the landlord.
• Hopkins & Hopkins Construction Co. of
Charlotte has joined Crescent Resources' featured builders at NorthView
Harbour and SailView on Lake Norman.
Hopkins & Hopkins' NorthView Harbour homes will
range from 3,000 square feet up, with prices starting in the $350,000s. At
SailView, its homes will range from 3,500 square feet up and begin in the
$450,000s.
NorthView Harbour is on the north side of Lake
Norman in Sherrills Ford, and SailView is on the west side of the lake off
Highway 16 in Denver.