BREAKING: 30-story apartment tower planned at Price's Chicken Coop site
BREAKING: 30-story apartment tower planned at Price's Chicken Coop site
Good afternoon! Today is Tuesday, November 16, 2021, and we’re coming to you with HOT BREAKING NEWS.
Need to sign up for our newsletter to stay in-the-know about Charlotte? Or upgrade to our paid version? Details here.
This special edition of The Charlotte Ledger is sponsored by Carroll Financial. Carroll Financial recently joined forces with Wealth Enhancement Group to offer even more financial planning and investment services to the Carolinas.
291-unit luxury apartment tower would be down the street from Lowe’s Design Center
by Tony Mecia and Cristina Bolling
Another day, another tower announced for South End.
The old Price’s Chicken Coop site will become a 30-story luxury apartment tower under plans announced today by Catalyst Capital Partners, a Charlotte-based real estate firm, and Florida-based Stiles.
The building will have 291 apartments, 9,500 s.f. of retail and about 10,000 s.f. of office space, which Catalyst will occupy when the building is complete. The apartments will feature “market-leading indoor and outdoor amenity areas and contemporary, top-of-market unit finishes in a variety of studio, one-, two-, and three-bedroom floor plans,” the companies said. Alas, no renderings are available yet.
The announcements of huge towers are regular occurrences, and it’s not super newsworthy that more apartments are being built in Charlotte. (They are all over the place, as Charlotte grows and housing demand increases.)
But a 30-story tower in South End would be about the same height as the 23-story Lowe’s Design Center that’s being finished up just down the block. And Charlotte held a special place in its heart (and arteries) for Price’s Chicken Coop, near the corner of Camden Road and West Park Avenue. [corrected 11/17/21, comparing building heights]
Much of Charlotte seemed to go into a state of collective mourning when the 59-year-old fried chicken restaurant announced in June that it was closing “due to the labor shortage, rising food costs, food quality and another coin shortage.” Lines formed down the block on the take-out-only restaurant’s final days.
The Ledger had reported in April that there seemed to be soil sampling taking place behind the restaurant, which is typically a sign that development is being considered.
Price’s owner told Axios Charlotte around that time that he wasn’t planning to sell, but it was obvious just by looking around that Price’s was facing pressures to develop.
There are constantly new retail, restaurants and apartments announced in the South End area.
Earlier this month, a Chicago firm, Riverside Investment & Development, said it plans to build three towers on the site of Uptown Cabaret and Midnight Diner, off Morehead Street.
Stiles is also involved in plans for a nearby 23-story office tower, called 110 East, near the intersection of East and South boulevards. Construction on the Price’s site is expected to start in the 3Q of 2022. Property records show the Price’s land has not sold.
Need to sign up for this e-newsletter — or for one of our other original local newsletters about Charlotte? We offer free and paid subscription plans:
➡️ Learn more about The Charlotte Ledger
The Charlotte Ledger is a locally owned media company that delivers smart and essential news through e-newsletters and on a website. We strive for fairness and accuracy and will correct all known errors. The content reflects the independent editorial judgment of The Charlotte Ledger. Any advertising, paid marketing, or sponsored content will be clearly labeled.
Like what we are doing? Feel free to forward this along and to tell a friend.
Change newsletter preferences: Go to ‘My Account’ page
Social media: On Facebook, Instagram, Twitter and LinkedIn.
Sponsorship information: email editor@cltledger.com.
Executive editor: Tony Mecia; Managing editor: Cristina Bolling; Contributing editor: Tim Whitmire, CXN Advisory