![]() ![]() There are many unknown and concealed conditions that will likely emerge during the construction process. All construction projects, particularly historic renovations, carry a high degree of risk. The Company will invest in the redevelopment of the Albemarle Hotel (“Project”). Additional general and project-specific risks may be detailed here if the Regulation Crowdfunding securities offering goes live. Investing carries general risks, such as losing all the money you invest. Constructed the 482-space parking garage through a partnership with the City of Fayetteville ($19M project in Fayetteville, NC).Upgraded the Festival Park Plaza office building that resulted in increasing occupancy from 60% to 100% ($5.5M project in Fayetteville, NC).Adaptively re-used the historic Franz Building for a non-profit’s offices and retail incubator ($2.3M project in New Orleans, LA).Zion Institute for the new Fairfield County Administrative Complex ($13.6M project in Winnsboro, SC) Adaptively re-used the historic Prince Charles Hotel for The Residences at the Prince Charles that includes 59 apartments and 15,000 SF of commercial space ($19.4M project in Fayetteville, NC).Led by Jordan Jones, a veteran developer, the firm will be investing a minimum of $75,000 into this project and has an extensive real estate development experience, including: The name is a reflection of our purpose: to complete projects that serve as an anchor for the communities they're centered in and provide a pillar around which the people of that community can continue to build and invest in themselves. Approaching its 100th anniversary, the building is perfectly poised for redevelopment and a return to its former glory.Īnchor & Pillar is the real estate development firm behind this project. Surrounded by historic civic and church buildings, the location has served as a community mainstay, bringing people together in downtown Albemarle. From its warm and stately hotel rooms to its fine dining lobby restaurant, the hotel was a picture of class and southern hospitality. The Hotel has been a landmark icon since its opening in 1923. The Hotel building is positioned in the center of downtown, surrounded by local shops and only a block from the new Pfeiffer University Center for Health Sciences. This project is bringing the Historic Albemarle Hotel back to life. The Stanly County Public Library moved into the retail space in 1927 and the first local radio station, WABZ, began its broadcast from the hotel basement in 1947. It also boasted retail space housing a clothing store and barber shop. The first floor contained a ballroom, dining room and a grand lobby filled with fine furniture. The space was used by civic organizations such as the Civitan, Rotary, Lions, Optimist club, and the Chamber of Commerce just to name a few. Thanks to numerous local shareholders, construction was completed in 1923 and the hotel became the city’s business, civic, and destination travel stop for many years. The Stanly News Harold's words became a self-fulfilling prophesy as members of the community rallied quickly around the new development. It is equipped with air conditioning, preparation for underfloor heating, private parking, sea view.Īpartment distant 500 m from the store, 500 m from the restaurant, 500 m from the market, doctor is 500 m from the apartment, pharmacy is 500 m away, Pula airport 60 km, Portorož airport 30 km, marina Novigrad 6000 m, and aquapark (Istralandia) are only 7 km away.įor any further information you may need please do not hesitate to ask.“It will mean a new start toward building up Albemarle.” Apartment is composed of kitchen/living room/dining room, 3 bedrooms, 2 bathrooms, teracce. (2500m) from sea and from beautiful beaches, 5 min. Luxury Real Estate Istria, apartment on sale, near NovigradĪpartment near Novigrad has a total surface of 101,14 m2, situated on the second floor, in construction, only 5 min. All data on these websites are presented for information purposes only, before any conclusion or activity based on data from these pages, all information must be checked in our agency. ![]()
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