{"id":1004072463,"date":"2013-05-10T06:01:44","date_gmt":"2013-05-10T14:01:44","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=124714"},"modified":"2020-04-01T05:11:40","modified_gmt":"2020-04-01T13:11:40","slug":"22-story-second-ward-mixed-use-development-on-track-for-completion","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/22-story-second-ward-mixed-use-development-on-track-for-completion\/","title":{"rendered":"22-Story Second Ward Mixed-Use Development on Track for Completion"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

What was once an unfinished eyesore in Charlotte\u2019s Uptown is now shaping up to be a \"\"<\/a>prized downtown asset. Formerly named The Park, the 21-story building under development at the corner of South Caldwell and East 3rd<\/sup> Streets is now known as SKYE Condominiums\u2014but the mixed-use development will feature far more than just condos.<\/p>\n

Alongside the 67 luxury condo units, two penthouse suites will also be featured, as well as a 172-key limited-service hotel, street-level retail, a rooftop restaurant and bar. The property\u2019s condo component will take up floors 14 through 19 and will be made up of one- and two-bedroom condominiums in several layouts, with floor spaces starting at 700 square feet for one-bedroom units and reaching 2,500 square feet for two-bedroom condos.<\/p>\n

All units feature state-of-the-art stainless steel appliances, granite countertops and large-scale terraces. Both penthouse suits will be located on the 21st<\/sup> floor, offering sweeping views of Uptown Charlotte and 3,500 square feet of open living space. The three-bedroom, three-and-a-half bathroom units also offer a two-story great room, formal dining room, and gourmet kitchen with a wet bar, among other features.<\/p>\n

SKYE Condominiums residents will enjoy amenities such as a theatre room, fitness center, rooftop pool and sun deck, demonstration kitchen and wet bar, party room, game and billiards room, lounge complete with an E-room, private mail room, additional storage space, and bicycle storage. Other building amenities include a green roof with open space walkways, 24-hour security and concierge service, five high-speed elevators, resident room service, and valet parking.<\/p>\n

The property\u2019s ground floor will be taken up by retail, while part of the rooftop will be occupied by a restaurant and bar. The property will also feature a five-story parking garage with three levels of residents-only, controlled access.<\/p>\n

The high-rise is seeking LEED certification from the U.S. Green Building Council. The McDevitt Agency is the designated broker for SKYE\u2019s 67 condos, of which, according to the Charlotte Business Journal<\/em><\/a>, 24 are already under contract. The same source reports the first residential units will be delivered in the third quarter of the current year, with the hotel component, a 172-key Hyatt dubbed Hyatt Place Charlotte\/Downtown, opening late in the third quarter as well. In the lead-up to the September opening of the hotel, which will occupy the lower levels of the high-rise, Hyatt veteran Don Lockhart has been appointed general manager.<\/p>\n

SKYE\u2019s current owner and developer, Small Brothers Charlotte LLC, acquired the building, then an unfinished 106-unit condo project, in 2009 for a little over $4.5 million. It subsequently increased its area ownership by purchasing two adjacent parcels to increase pedestrian and vehicle access to the high-rise. Award-winning international design firm Perkins Eastman is architect of the project, while Cleveland Construction Inc. is the designated construction management firm.<\/p>\n

For more market data from Charlotte,\u00a0click here<\/a>.<\/em><\/p>\n

Image courtesy of SKYE Condominium\u2019s Facebook page<\/em><\/p>\n


\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

What was once an unfinished eyesore in Charlotte’s Uptown is now shaping up to be a prized downtown asset.<\/p>\n","protected":false},"author":49,"featured_media":1004506123,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21742],"tags":[1815],"class_list":["post-1004072463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-latest","tag-national"],"acf":[],"yoast_head":"\n22-Story Second Ward Mixed-Use Development on Track for Completion - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/22-story-second-ward-mixed-use-development-on-track-for-completion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"22-Story Second Ward Mixed-Use Development on Track for Completion\" \/>\n<meta property=\"og:description\" content=\"What was once an unfinished eyesore in Charlotte’s Uptown is now shaping up to be a prized downtown asset.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/22-story-second-ward-mixed-use-development-on-track-for-completion\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-05-10T14:01:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-01T13:11:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/skye-condominiums.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/22-story-second-ward-mixed-use-development-on-track-for-completion\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/22-story-second-ward-mixed-use-development-on-track-for-completion\\\/\"},\"author\":{\"name\":\"Eliza Theiss\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"headline\":\"22-Story Second Ward Mixed-Use Development on Track for Completion\",\"datePublished\":\"2013-05-10T14:01:44+00:00\",\"dateModified\":\"2020-04-01T13:11:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/22-story-second-ward-mixed-use-development-on-track-for-completion\\\/\"},\"wordCount\":488,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/22-story-second-ward-mixed-use-development-on-track-for-completion\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/skye-condominiums.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"Charlotte\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/22-story-second-ward-mixed-use-development-on-track-for-completion\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/22-story-second-ward-mixed-use-development-on-track-for-completion\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/22-story-second-ward-mixed-use-development-on-track-for-completion\\\/\",\"name\":\"22-Story Second Ward Mixed-Use Development on Track for Completion - 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