Posts filed under ‘PTAA Members in the News’
BSC Holdings is getting ready to develop Phase 2 of its Lofts at Little Creek community off of Hanes Mall Blvd in Winston-Salem:
The name of BSC Holding’s new $10 million project, which is expected to be ready for renters in spring 2016, is The Lofts Hillside at Little Creek. The initial 148,000-square-foot building will have 88 apartments, offering primarily two-bedroom units with two baths and office space. It will have several units with one bedroom and 1 ½ baths.
“It will be the same architecture and same finishes as the Lofts at Little Creek,” said Amanda Williams, the vice president for BSC Holdings, which is based in Greensboro.
The two-bedroom units will range from 1,200 to 1,400 square feet. The one-bedroom units will be 925 square feet.
Amenities will include nature trails and a large dog park, and an additional pool and fitness center. Monthly rent will run from $950 to $1,450.
Plant 64, one of downtown Winston-Salem’s newest apartment developments, will have a new commercial tenant in a space that was originally set aside for retail. From the Triad Business Journal story:
During this period of growth, The Variable has seen its staff swell from 14 to 32, with five positions in areas such as creative, account management, data science and strategic planning. Within the next three to five years, Mullen expects the agency to reach 55 to 60 employees.
That’s what’s prompting the move, with the agency outgrowing its 5,000-square-foot space on Reynolda Road in West End and planning to move into 10,000 square feet within Plant 64 in August at the start of a 10-year lease.
Former R.J. Reynolds Tobacco Co. warehouses, Plant 64 has been redeveloped by Philadelphia-based Pennrose Properties largely as a residential complex. But The Variable will take a space at East Fourth Street and Research Parkway that had initially been set aside for retail use…
As a tenant of Plant 64, The Variable will also have access to the neighboring outdoor social space and pool that also serves residents of the complex, as well as other interior social space and the fitness center.
For four Variable staffers, the commute will involve walking from their Plant 64 loft across a small parking lot to the office.
BSC Holdings’ renovation of the Southeastern Building in downtown Greensboro took longer and cost more than expected, but now that they’re nearing the finish line they’re about ready to wake up from their “Nightmare on Elm Street”:
Downtown living is about to get another high-profile address as the owners of the Southeastern Building prepare to open early next month…
Amanda Siegal Williams of BSC Holdings in Greensboro said that two of the 51 apartments have already been leased and she has showed the building by appointment to more than 20 people.
BSC has been renovating the 1926 building — Greensboro’s first skyscraper — for more than two years and about as many millions in cost overruns…
The first floor is designed for restaurants and offices. The second and third floors will be designated for offices only. Apartments will occupy the fourth floor through the ninth.
BSC Holdings recently broke ground on the most recent iteration of it’s “mixed rental” development concept. From the Triad Business Journal’s story about the development:
Construction began recently on Greensboro developer Barry Siegal‘s new residential project, which includes 83 rental homes and a 120-unit apartment complex.
Lafayette Landing Apartments and Villas will sit on 40 acres on a mostly vacant swath of land at Guilford College and Ruffin roads…
Construction will take 18 months, Williams said, but the first phase — which will include 17 detached single-family homes, three apartment buildings, a clubhouse and garage building — is expected to be ready for occupancy by August.
The second and third phases, including the remaining 66 houses and 12 apartment buildings, will wrap up by late summer or early fall 2016, Williams said. Each apartment building will be two floors and will have eight units. The community will include amenities such as a pool and clubhouse.
The apartments will be one-, two- and three-bedroom units, and rental rates will start at $850 and $1,200, depending on size, Williams said. Rental rates for the homes will range from $1,100 to $1,750.
We had a great Diamond Awards ceremony on March 31, 2015 and we’d like to congratulate all of the winners:
Congratulations to the 2014 Diamond Award Winners!
Individual Performance Winners
Rookie of the Year, Leasing
Amesbury on West Market
Rookie of the Year, Maintenance
Leasing Professional of the Year
Palladium Park Apartments
Maintenance Technician of the Year
Assistant Manager of the Year
Maintenance Supervisor of the Year
Managers of the Year
Kelsey Pawsat- Signature Property Group
Rebecca Kirkman- Hawthorne Residential Partners
Regional Manager of the Year
Hawthorne Residential Partners
Corporate Professional of the Year
Blue Ridge Companies
Communities of the Year
Best Use of Social Media
Blue Ridge Companies
Student Community of the Year
Signature Property Group
Turnaround Community of the Year
Community of the Year Under 200 Units
Nissen Building Apartments
Community of the Year Over 200 Units
Hawthorne at Main
Vendor Partners of the Year
Advertising & Promotions
Got You Floored
Cox Landscape Management
Professional Services, Administrative
Full House Marketing
Professional Services, Operational
Carolina Poo Prints
Maintenance Supply HQ
Owner Member Volunteer
Vendor Partner Volunteer
Got You Floored
Blue Ridge Companies
Chris Parr’s Clemmons Town Center Apartments is part of a large multi-use development in Clemmons that was stalled during the recession and is now poised to really take off. From a story in the Winston-Salem Journal:
The development of Village Point, a tract of land between Lewisville-Clemmons and Harper roads, has taken a big leap forward with the opening of Clemmons Town Center Apartments.
Owned and developed by Chris Parr, the multifamily complex features 208 one-, two- and three-bedroom apartments, with 104 more units planned, making it the largest complex in the village…
Since opening in March, 40 of the apartments in phase one have been rented, Parr said.
“We think we’ll be full by next Christmas, which is quick for a product that is not downtown (Winston-Salem),” he said…
The finished apartments, which range from 800 to 1,300 square feet, have a slightly higher price than other apartments in the area, with two-bedroom units priced at a monthly rent of $959. One bedroom units start at $799…
The apartments feature granite countertops, pendant lighting, stainless steel appliances, an open floor plan, and washer and dry hookups. Other amenities include a clubhouse with fitness room, a 24-person movie theater that can be rented for parties and a swimming pool.
Last night, March 31, 2015, PTAA marked the 35th anniversary of its founding on the same date in 1980. We did it in fine fashion by holding our largest Diamond Awards banquet ever, with over 400 of our industry’s best and brightest in attendance to recognize the exceptional performance of some of their peers in 2014. If you weren’t able to attend then you missed the 35th Anniversary video that our Public Relations committee produced to commemorate the occasion, but thanks the wonders of YouTube you can see it now. Enjoy!