Signature Plans Another CityView Expansion

December 7, 2012 at 3:03 pm Leave a comment

Signature Property Group is planning to expand its CityView community with more units and an 8,000 sf amenities center:

The expansion would be spread over three separate sites on just under two acres adjacent to current CityView property…

The first site is an existing warehouse on the corner of King Street and Victor Place that Signature would renovate into about 10 units. Signature purchased the site out of foreclosure from Carolina Bank for $223,000 about a month ago.

The second site, at 310 Victor Place, is home to Clyburn Concrete Co. Signature has a contract to purchase it for about $220,000 and will build about 18 to 24 units.

Contract terms are still in negotiations for a third piece of land that includes an existing warehouse. Signature would renovate that site to 13 units and include an 8,000-square-foot amenities space.

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Entry filed under: Apartment Construction, Greensboro, Members in the News. Tags: , , .

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