Greensboro's Downtown Development

Greensboro, NC (PressExposure) September 25, 2014 -- Downtown Greensboro is not a city metropolis to the likes of New York or Los Angeles, but our little slice of paradise is growing exponentially, and may resemble a metro city soon. Developers such as Roy Carroll and proponents of a better city, like Steven Tanger, have been working on some big commercial projects slated to hit the downtown community within the coming months. From (more) luxury apartments to a new performing arts center, downtown will soon be a bigger city to travel to.

Union Square Campus -

Greensboro's new Union Square Campus will be a brand new addition to the downtown college community, offering the many local universities and colleges the opportunity to lease medical education space within the Union Square Campus for affordable prices. UNCG, one of the biggest schools in Guilford County, has already begun negotiations on leasing 33,000 square feet of space for their Doctorate nursing program and Bachelors program in nursing. Many of the other local schools are following suit. Talks are underway about how to add a parking lot suitable for the extra traffic this new campus will bring to downtown.

Steven Tanger Center for the Performing Arts -

Though fundraising is still underway for this massive community arts project, the Center for the Performing Arts is shaping up to be one of the biggest cultural additions to Greensboro. Construction is planned to start in 2015, and no formal plans have been issued on exactly what the structure will look like, but it is going to be an entertainment destination that draws a different crowd of people into Downtown Greensboro than the Grasshoppers park currently does. This addition to entertainment downtown will not only give people a reason to come down town, but it will add a much needed cultural boost to the downtown area.

Roy Carroll -

The big time developer, Roy Carroll, is making moves on some downtown residential and hotel projects. Demolition has happened quickly throughout the summer months on the properties for a few of the four planned buildings in Carroll's proposal, and construction will begin soon. Carroll's development plan is made to resemble a "new york city block" and the city has approved his plans to close a section of W. Lindsay St. The new development will include a Hyatt Place hotel and around 300 luxury apartment units, which Carroll claims will be fit with amenities unsurpassed by other apartments. Some of these amenities include a rooftop pool, fitness center and much more.

About Alex Vercheski - Keller Williams Realty of Greensboro

Alex Vercheski
Keller Williams of Greensboro
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The Greensboro Real Estate Blog

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Press Release Submitted On: September 25, 2014 at 11:39 am
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