July 2018

  • Jul
    27

Rhino Market joins Free Range Brewing at Ram’s new mixed-use project, The Collective.

July 27, 2018

20170821_noda27_eyelevel

(Charlotte, NC – July 24, 2018) – Rhino Market has signed a lease to take approximately 3,000 SF of retail space at The Collective, a new mixed-use project being developed by Ram Realty Advisors.  This will be the third location for Rhino and a stimulating addition to the area.  Located adjacent to the NoDa and Villa Heights neighborhoods, The Collective is comprised of a 3.6-acre parcel at 2300 North Davidson Street in Charlotte, NC.  Ram is under construction on a major redevelopment of the site that includes the renovation of the existing commercial building (to be complete in early 2019) and the addition of a new 250-unit multifamily residential community.  Ram is excited to have Rhino Market join Free Range Brewing as part of the project, providing a valued amenity to our future residents and surrounding neighborhoods.

“The goal for the commercial building is to create a design that tied together the old and the new, making sure we retained the character of the warehouse building and of the neighborhood,” says David Klepser, Ram’s lead developer on the deal.

The Collective, under development now, is slated for residential occupancy in spring of 2019 with retail joining earlier that year.  The five-story midrise will include 250 luxury studio, one, two and three-bedroom apartments as well as 2,000 square feet of additional retail space.  Complete with modern Class-A finishes and a full suite of amenities – including a gated parking garage, pool & outdoor lounge, pet wash station, record lounge, 24-hour fitness center with yoga studio, bike room and a makers space for DIY projects – the community is designed to appeal to NoDa’s eclectic renter.

“Our goal is to build a unique and attractive community that complements the vibrant character of the neighborhood,” commented David Klepser.  “We’re using distinguishing architectural styles, industrial-modern finishes, and blending the new development with the existing commercial building.  We want to create a complete live-work-play community that feels at home in the neighborhood.”

The development’s primary draw is its location, located less than two blocks from the 25th Street Station, part of the 9.3-mile Lynx Blue Line expansion.  Residents will enjoy a convenient gateway to Uptown, South End and the University area.  The community is also within walking distance to NoDa’s diverse collection of restaurants, galleries, and entertainment, as well as Cordelia Park and the Little Sugar Creek Greenway, a 19-mile trail that links NoDa to Uptown, Midtown, and Park Road/Montford.

The Collective project team includes partner Citisculpt, lender JPMorgan, architects BSB Design and 505Design, civil engineer LandDesign, interior designer SouthPark Interiors, general contractor VCC USA, property manager 5/ten Management, and commercial leasing broker Foundry Commercial.

About RAM

Founded in 1978, Ram Realty Advisors is an affiliated group of companies and partnerships that acquire and develop retail and multifamily residential properties in select high-growth markets in the Southeast. The company capitalizes investments with Ram-sponsored discretionary private equity funds, and periodically institutional joint ventures. Since 1996, the company has deployed in excess of $2.5 billion of capital. Ram is headquartered in Palm Beach Gardens, Florida and has offices in Fort Lauderdale, Florida; Charlotte, North Carolina; and Durham, North Carolina.

 

 

MEDIA CONTACT:

Kelly Owens
Alchemy Communications Group
ko@alchemycommgroup.com
office: 561.935.9953 x. 101
mobile: 561.222.4958

  • Jul
    27

Construction Begins on Hub South End, the Latest Mixed-Use Development from Ram Realty Advisors

July 27, 2018

Hub South End

(Charlotte, NC – July 26, 2018) – A highly anticipated multifamily mixed-use development recently started construction in Charlotte’s historic South End, bringing a street-activating concept to the currently underutilized corner at Dunavant and Hawkins Streets Slated for occupancy in spring of 2020, Hub South End includes 265 apartments – 29 of them two-story, street-level “townhome” designs — and over 22,000 square feet of new commercial retail, office, and co-working space, all with expanded sidewalks and porch areas to bring more energy to the public realm.

“Ram’s goal is to activate life at the street level,” says Rachel Russell Krenz, Ram Realty Advisor’s Director of Real Estate Development. “Hub South End will add a mixed-use development to what is currently a space poised for the changes that have been seen in the rest of South End, with careful attention to connecting all users of the future property to the dynamic neighborhood.”

The community is developed by Ram on an empty four-acre parcel in a neighborhood bustling with shops, breweries, art, restaurants, and entertainment.  From Hub South End, residents have direct access to the Lynx light rail, a short commute to the Charlotte Douglas International airport, and quick access to major highways.  Plus, Hub is less than two miles from uptown and its city nightlife, Bank of America Stadium, BB&T Ballpark, and more.

Ram has close to a decade of history in South End. The firm made a commitment to it by both placing a regional office there and investing in the strategic development of the area. Hub South End is another example of Ram’s belief in this vibrant neighborhood.

Ram, celebrating its 40th anniversary this year, is well-known for creating developments that offer a carefree-yet-sophisticated lifestyle. Its vision for Hub South End is a thoughtful design concept that allows residents to live in luxe brand-new apartments, work in private and shared co-working offices, and play in community spaces or simply enjoy the local flavor and nearby entertainment. The building includes studio, one-, two-, and three-bedroom apartments with the aforementioned handful of two-story floorplans with street- level entries.

The adjoining commercial space – significant in size when compared to other multifamily anchored mixed-use projects – is in addition to the professional co-working space within Hub South End’s multi-purpose Clubhouse.  Ram efficiently accommodates its residents’ ever-evolving work-life balance by providing ultra-convenience.

“The mixed-use asset allows Ram to leverage its decades of dual expertise in multifamily and retail, and to continue the work begun more than a decade ago when we committed to purchasing Design Center and participate in South End’s success.  Our office remains located in South End and we will be part of the community for the long term,” said Ms. Krenz. “The strategic partnership with Foundry Commercial on the office and retail leasing ensures quality tenants and continues Ram’s commitment to this up-and-coming destination.”

The Hub South End team includes partner Faison Associates, lender PNC Bank, architect Cline Design Associates, civil engineer and landscape architect McAdams, general contractor Concorde Construction, property manager 5/ten Management, and leasing broker Foundry Commercial.

 

ABOUT RAM

Founded in 1978, Ram Realty Advisors is an affiliated group of companies and partnerships that acquire and develop retail and residential properties in select high-growth markets in the Southeast. The company capitalizes investments with Ram-sponsored discretionary private equity funds, and periodically institutional joint ventures. Since 1996, the company has deployed in excess of $2.5 billion of capital. Ram is headquartered in Palm Beach Gardens, Florida and has offices in Fort Lauderdale, Florida; Charlotte, North Carolina; and Durham, North Carolina.

 

###

 

MEDIA CONTACT:

Kelly Owens
Alchemy Communications Group
ko@alchemycommgroup.com
office: 561.935.9953 x. 101
mobile: 561.222.4958