Would you live at the Asheville Mall? It may be on possible with this developer's plan.

ASHEVILLE Citizen-Times— In an era when shopping malls are fading into oblivion, the Asheville Mall has no intention of following suit. Part of its strategy? Living there.

A preliminary permit plan submitted last month by Seritage SRC Finance LLC to the city’s development services department details a $45 million redevelopment project in and near the mall’s Sears store.

Plans show the addition of restaurants, retail stores, a 10-screen multiplex movie theater and a six-story structure with 204 multifamily housing units. It likely would be among the largest single investments at the facility since it was built in the early 1970s.

Even in Asheville’s modern development culture — where rental housing is necessary, given a period of sustained demand — the project could be a game-changer, at least as far as the mall’s long-term viability is concerned. Its addition differs from tradition in the shopping-heavy corridor of Tunnel Road, and from enclosed shopping malls, in general.

Read more here:

http://www.citizen-times.com/story/news/local/2018/01/11/would-you-live-asheville-mall-redevelopment-plan-raises-questions-intrigue/1012682001/

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Asheville Named One of 15 Coolest Places to Visit in 2018

http://www.citizen-times.com/story/news/local/2017/12/27/forbes-asheville-among-15-coolest-places-go-2018/983826001/

Watch out Asheville – even more people on deck to visit in the coming year as Forbes Magazine names our special city one of the top 15 “coolest” places to visit in 2018. The amazing thing is that Asheville is the only U.S. city to have a spot on the list. Places like Milan, Egypt, Northern Brazil, the Faroe Islands within the Kingdom of Denmark and Aysén, Chile share other spots.

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What's Coming to the S & W?

S&W Artisanal, an eatery, bar and ‘authentic Greek market’ is set to open in the S&W Cafeteria building at 56 Patton Avenue in downtown Asheville, in early December.
Douglas and Kenneth Ellington, the great-nephews of architect Douglas Ellington who designed the S & W, and partners in Ellington Realty Group, are  also partners in the S & W Artisinal.
“We’re thrilled to bring a local business into such an important piece of Asheville’s architectural history,” said Douglas Ellington in the release. “S&W Artisanal will be an eatery and market open during the day, at night and on weekends. It will breathe life into a treasured Asheville building.”
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Asheville Named as One of Top Small Cities in the U.S.

Conde Nast just published an article naming Asheville as one of the top small cities in the U.S., citing our beer scene, the Biltmore Estate and the Blue Ridge Mountains. We can’t say we disagree with their reasoning. Also top on the list was Greenville, SC, a bustling, beautiful city just an hour drive from here.

https://www.cntraveler.com/galleries/2015-10-08/top-small-cities-in-the-us-readers-choice-awards

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The Lofts at Reynolds Village in Woodfin sells for $36.6M

 

WOODFIN — The Lofts at Reynolds Village, a mixed-use apartment and commercial complex in Woodfin, recently was acquired by a Texas-based real estate investment chain for $36.6 million.

The 201-unit luxury apartment complex with 60,000-square feet of commercial space was sold by The Lofts at Reynolds Village LLC, an investment group led by Kirk Boone. It was purchased by Transcontinental Realty Investors, Southern Properties Capital and Abode Properties, a chain which used the name LARV TCI LLC, a North Carolina Special Warranty Deed filed last week shows

Boone, who has been involved with Reynolds Village and Reynolds Mountain developments since about 2000, said his investment group determined it was the right time to sell.

http://www.citizen-times.com/story/news/local/2017/10/11/lofts-reynolds-village-woodfin-sells-36-6-m/740368001/

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Charleston Magazine Highlights the Best of Brevard

October’s issue of Charleston magazine has a super article entitled “Brevard + Bikes + Beer.”

Things are changing over there, and it’s not just the leaves. We are proud to have represented the owner of the Brevard LumberYard in the leasing of their spaces, which is now part of a culinary and arts destination known as the Lumber Yard Arts District.

http://charlestonmag.com/features/brevard_bikes_beer

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The Preservation Society 2nd Annual Gala

Ellington Realty Group was proud to be one of the lead sponsors of the 2nd Annual Gala of the Preservation Society of Asheville & Buncombe County on Saturday night. What an incredible night, filled with beautiful architecture, lively music, good food and drink, and great people. The evening started at the YMI Cultural Center in downtown Asheville, and then guests traveled by trolley to the Sondley House in Haw Creek (pictured here) and historic Zealandia Castle. The evening ended with champagne and dessert atop the Biltmore building downtown. Funds raised support the mission of this important foundation: Through preserving and promoting the unique historic resources of our region, we work to sustain the heritage and the sense of place that is Asheville and Buncombe County. To learn more about the Preservation Society, go to psabc.org.

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Bon Appetit and Buxton Hall BBQ

We are proud to have represented the visionaries behind Buxton Hall in their beautiful space on Buxton. This write-up in Bon Appetit simply recognizes what Asheville already knows – this BBQ, and the space where it is served, are amazing!

http://www.bonappetit.com/story/buxton-hall-asheville

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