BREAKING: Another tower planned for SouthPark
SouthPark's transformation marches on
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Developer plans to replace 118 condos on Colony Road with lively mixed-use development that includes 700+ apartments and ‘highly desirable’ restaurants, retail
The Related Group filed a rezoning request with the city for a large mixed-use development at the corner of Colony and Roxborough roads. It would include what developers are calling a “woonerf,” a Dutch term for a pedestrian street. (Rendering courtesy of The Related Group.)
by Tony Mecia
More than 100 aging condos are poised to become the site of yet another tower in the SouthPark area, which is quickly transforming as developers add apartments, retail and office space.
Miami-based developer The Related Group filed plans with the city on Tuesday to transform a 9-acre site on the corner of Colony and Roxborough roads into a mixed-use development with 730 apartments, up to 24 for-sale townhouses, 60,000 s.f. of retail and up to 55,000 s.f. of office.
The apartment tower is proposed near the corner of Roxborough and Rexford roads at a height of up to 195 feet, which would make it the tallest residential tower in SouthPark. The project is still being designed, but a residential tower of that height would ordinarily be about 15-18 stories tall. The northern part of the parcel, which backs up to homes on Wickersham Road, would have three-story townhouses with a maximum height of 50 feet.
The Ledger has previously reported that the 118-unit Trianon condo complex was up for sale and that condo owners voted in March to sell to Related, under a rarely used procedure in North Carolina law that allows condo associations to be dissolved with an 80% vote.
The proposal could cause more of a stir than other recent developments announced in SouthPark. Although it is across the street from the 24-acre Colony redevelopment, a