TSCG to Begin Reno of One305 Central’s Retail PortionBy
Charlotte, N.C.—The Shopping Center Group recently announced that the renovation process of the 10,000-square-foot retail spacein the One305 Central project is set to begin this month. As part of a $50 million project launched in 2015 with the demolition of existing warehouses, the restoration of the retail portion can commence as residential construction nears completion. Atlanta-based TriBridge Residential acquired the 5-acre site in 2014 for $8 million and is now the developer of the project. Citizens Bank provided $29 million in financing for the mixed-use building.
Local firm Hood Architecture designed the updated retail and restaurant space, while Roper Construction is expected to complete the commercial space this fall. As the exclusive listing agent, The Shopping Center Group is now looking for dining and entertainment tenants to occupy the building, originally built in the 1960s and 1970s…
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