Homebase for AtHomeCharlotte.com

Real Estate Information

"It's a Whole New Ballgame"

INNINGS

1ST 2ND 3RD 4TH 5TH 6TH 7TH 8TH 9TH EXTRA
BUYERS CREDIT LOANS PLANNING KNOWNS BROKERS MARKET NEGOTIATIONS APPRAISALS CLOSING WHAT IF?
SELLERS FOR SALE PLANNING CLEARING APPEAL DISCLOSURE OPEN HOUSE THE OFFER APPRAISALS CLOSING WHAT IF?
"...amazing website, contains wealth of information about Charlotte real estate...a must visit."
Editors, Charlotte Magazine Real Estate Roundup .

Charlotte Real Estate News and Real Estate News/Links from Local and State Resources


Dec. 21, 2003

NoDa's next wave to include deli


New residential/commercial building will feature Fat City's facade


The colorful Fat City Deli building, one of the most recognizable in NoDa northeast of uptown, will participate in the trendy arts district's next wave of redevelopment.

Crosland is teaming with the restaurant's owner, K.C. Terry, on a project that will preserve the facade and incorporate it into to a new building to include residential lofts atop shop, gallery and restaurant space.

Eric Vargosko, who is heading the project for Crosland, said the deli plans to be a tenant, occupying about a third of the 10,000 square feet on the ground level.

Preliminary plans, prepared by Urbana Urban Design & Architecture, call for 15 to 20 lofts, a rooftop terrace and, of course, outdoor seating to replace the tent-covered tables adjoining the deli at 3127 N. Davidson St.

Terry opened Fat City Deli in 1995 just as revitalization was taking off in NoDa.

A natural gathering place for body-pierced musicians and artists from the neighborhood, the restaurant's clientele grew over time to include business people in dress shirts and suits.

Vargosko said the developers want to preserve the pioneering restaurant's character -- including the bright yellow building walls -- when redevelopment starts.

That probably won't happen before late next year, he said, because Crosland wants to make sure sales are well under way at Lofts 34, its latest NoDa project.

Lofts 34's three-story residential-retail building will displace a house formerly occupied by Kelly's Cafe at North Davidson and East 34th streets.

Three weeks ago, Crosland formally celebrated completion of first NoDa project -- The Nevitt Building, a 14,000-square-foot residential-commercial complex at 3205 N. Davidson St.

The initial wave of redevelopment began in NoDa in the 1970s and 1980s as dancers, actors and artists reclaimed old mill houses and fueled interest in eclectic galleries, shops and restaurants.

The neighborhood's growing popularity attracted more entrepreneurs, housing renovators and finally condominium and apartment developers.

Doug Levin of Gateway Homes said his company sold out The Colony Lofts, a project of 25 townhomes and nine lofts, in 60 days about two years ago.

Prices started at about $90,000 for units in the project on North Davidson, and today, Levin said, "prices have gone up 20 percent since I sold them ... there are a lot of people who want to move in and not renovate houses."

He's preparing to start another development next to The Colony Lofts that will include up to 200 townhomes combined with commercial space on about 14 acres .

Levin, president of the NoDa Business Association, said his organization is gearing up to launch a major marketing campaign for the neighborhood early next year.

NoDa is an abbreviation for the North Davidson Arts District.

Levin said the business association is dropping the full name and going with the abbreviation to eliminate confusion. Many people associate the word Davidson with the north Mecklenburg town, he said.

Among other NoDa projects, Winter Properties is converting 99-year-old Highland Park Mill No. 3 to apartments on North Davidson at East 33rd St.

Earlier this year, tenants moved into NoDa Lofts at 3120 N. Davidson St., which features nine lofts and shops in a 95-year-old building combined with a new one. Urbana, which has offices there, designed the project.

The Mellow Mushroom pizza restaurant -- capable of seating up to 300 people -- opened about 10 days ago in a two-story house at Davidson and East 36th after a two-year closely watched renovation also designed by Urbana.

Vargosko said Crosland, the first large Charlotte real estate development firm to stake a claim in NoDa, has sold nine of the 10 lofts in the Nevitt Building, plus five street-level retail spaces.

Encouraged by that success, he said, the company plans to start Lofts 34 early next year and complete work by fall.

The 17,000-square-foot building, designed by MWT Architecture to mimic NoDa's early 1900s commercial structures, will include 13 residential lofts expected to sell in the $120,000-to-$130,000 range, Vargosko said.

The ground level will have about 5,000 square feet of retail space selling for roughly $160 a square foot, he said.

The pending redevelopment of Fat City Deli's building and the construction of hundreds more living units likely will attract more people to NoDa.

The biggest people-friendly decision could come in January.

Levin of the business association said the City Council will consider a proposal to ban heavy trucks -- other than those with facilities already there -- from using North Davidson Street.

"That's one of the final issues to be resolved -- removing that truck traffic," Vargosko said.

Imagine dining outdoors on North Davidson and not having to yell over the roar of trucks to carry on a conversation.

Won't seem like NoDa, will it?

Doug Smith

 
 

Got, Alotta, Charlotte!


Return to
Line-Up
Menu

Contact Info     Index         Legal       Intention      Regulatory Agencies
2008 Copyright. All Rights Reserved. AtHomeCharlotte.comŽ Inc.
The Real Estate LadyŽ and Condo CanDoŽ
SM  Lynnsy Logue 1989 USPTO