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Eagle-Market Street Redevelopment site: Eagle Market Renaissance, LLC, proposes a 10-story building with 46 for-sale residential units over 3,600 square feet of retail space and 27 on-site parking spaces. Haywood at Civic Center Redevelopment site: McKibbon Hotel Group, Inc., proposes an approximate 10-story building with a 140-room upscale hotel and a 2-story building with 13,500 square feet of street level retail with potential office space above and an integrated 350-space parking deck.
The City of Asheville is currently pursuing redevelopment of city-owned properties to advance Council's and the community's strategic goals for Asheville. The City expects to be in negotiations for development of the sites during 2008, with construction expected to begin in 2009. Guiding Principles for the Redevelopment Process City Council expressed guiding principles for the redevelopment process that include: Redeveloping properties in a manner consistent with realistic market opportunities. Supporting a reasonable and path to redevelopment in next two to four years. Keeping the process transparent to avoid special interest conflicts. Involving local business and citizen interests in design, construction and utilization. Limiting the financial impact on tax payers.
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Black Dog Realty intends to build the nine-story Parkside condominium project adjacent to City County Plaza in downtown Asheville. The land was obtained from the County in a 2006 sale. George Pack gave the land to the county "fee simple," meaning the County could sell it as it pleases - and that any notes about the intended use of the property contained in the deed are irrelevant "statements of intent" and not legally binding. Pack heirs are attempting to block development of this site by claiming that rights to the underlying land have reverted to the heirs under the terms the original Deed of the land to the County from George Pack since the County is no longer using the site for public purposes and sold the land to a developer. The greater City County Plaza is being transformed into a Park area in front of the Buncombe County Courthouse and the Asheville City Building.
The important thing is the Deed's statement that this is a transfer of rights by fee simple. The mention of the land's intended purpose on the deed from George Pack to Buncombe County has to be rejected as surplus. If Pack had wanted it to have conditions or title revert to his heirs, he could have clearly and decisively stated such in the granting clause.
