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  #21  
Old Posted Jan 10, 2019, 8:22 AM
DetroitMan DetroitMan is offline
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SCAD VILLAGE passed its first hurdle. The university hopes to have the new dorms opened by Fall 2020.

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The project includes the acquisition and development of 13 parcels to build two new dormitory buildings and a parking garage between Barnard and Montgomery streets. A former apartment building along Victory, east of Barnard, is also being converted for use as student housing. About 900 students are expected to reside at the dorms.

SCAD will demolish the existing properties between Barnard and Montgomery streets, which consist of mostly single- and multi-family residential buildings, as well as a former church and liquor store.

SCAD officials at Tuesday’s meeting said they hope to return to the MPC for the additional approvals in the next three months, with the expectation the project will be completed by the fall of 2020.
https://www.savannahnow.com/news/201...rs-next-hurdle
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  #22  
Old Posted Jan 10, 2019, 4:24 PM
DetroitMan DetroitMan is offline
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Another major property in the north end of the Yamacraw Village neighborhood is up for sale. One North Fahm which houses SCAD's jewelry department is being offered for sale as a redevelopment opportunity. The site is 0.93 acres and being offered for $3.8 million. SCAD's lease will be up at the end of July 2020 and with major projects going on in the nearby area, I could see another residential mixed-use project being proposed for the site.

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This is a unique redevelopment or investment opportunity in the fastest growing area of downtown Savannah. Four major developments are under construction, totaling over $350 million of investment, within 1/8 of a mile to include 440 residential units, up to 592 hotel rooms, a 488-space parking deck, supporting retail spaces, restaurant spaces and entertainment venues.
The City of Savannah permits a 6-story structure on this property, which is the maximum height allowed for new projects in this area. 1 N Fahm does not have a historic designation and can be completely redeveloped.
The property is currently leased to Savannah College of Art & Design until July 31, 2020. SCAD has no Renewal Option to extend the Lease Agreement, but does have a Right of First Refusal to purchase the property upon receipt of an offer.
https://images4.loopnet.com/d2/C0hO1...Y/document.pdf
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  #23  
Old Posted Jan 10, 2019, 5:22 PM
robertjhajek robertjhajek is offline
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Originally Posted by clubtokyo View Post
Thank you for sharing! I’ve always wanted to visit Savannah, best time of the year and favorite hotel?
My favorite time is early May or early October. Stay at the Perry Lane, brand new hotel with exceptional detail and service.
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  #24  
Old Posted Jan 12, 2019, 6:09 PM
DetroitMan DetroitMan is offline
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I was looking at properties for sale on Loopnet and it looks like Bingville, Jackson Park/Cann Park and Feiler Park/Hussars Terrace/Dittmerville will be the next frontier when it comes to redevelopment in the city. Recently, three properties were put on sale in these neighborhoods. The first property is a 1.4 acre site being listed for sale at $2.2 million in the Feiler Park/Hussars Terrace/Dittmerville area. The site is located at Bull and 59th Street. Below is a brief write up of the property.
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Accumulation of 1.41 Acres directly on Bull St close to the rapidly developing Starland District. This accumulation of parcels is currently Zoned B-G-1 which allows a myriad of uses including Self storage warehouse, but could potentially be rezoned to allow for Multi family/ mixed use development.
https://images2.loopnet.com/d2/GEqBK...M/document.pdf

The second property is located at 3030 Barnard St in Bingville. It's a 0.45-acre site being listed for $985,000.

The third and final property is in Jackson Park . It's located at 0 51st Street and is a 2.29-acre site being listed for $1.4 million. Its being geared toward multifamily, student or senior housing. My feeling is that with SCAD's recent developments in the area, some developer will put student housing on the site. Here's a flyer for the site: https://images3.loopnet.com/d2/T2rSQ...E/document.pdf
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  #25  
Old Posted Jan 13, 2019, 2:02 AM
DetroitMan DetroitMan is offline
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The expansion of the convention center will be another game changer for Savannah. The Trade Center is already the second largest in the state behind Atlanta. With the expansion and planned 300-room Omni Hotel, Savannah will attract bigger shows and increase economic activity on Hutchinson Island. Who knows, one day Savannah's convention center could play with the big boys like Orlando or Vegas.


Savannah Convention Center looks to legislature for bigger future
Quote:
The Savannah center is the second largest in the state behind Atlanta, and Smith, along with trade center General Manager Sherrie Spinks, said the expansion is all in response to the center’s customers.

In 2018, the center hosted 160 events, including 36 trade shows/conventions; 11 public/consumer shows; 48 meetings; 13 sporting events; 47 banquets/weddings and five miscellaneous events. About 50 of those groups have requested more space, Smith said.

“Two events that have used our exhibit hall this year, we had (Jurassic Quest) last week and the (Georgia Fruit and Vegetable Growers Association 2019 southeast Regional Fruit and Vegetable Conference) moving in right now, both of them want more space,” Spinks said, adding that both groups already have exhibitors that are ready to come when space is available.


“Then there are groups that are already over 100,000 square feet exhibit hall space, so they can’t even consider us. They would love to come to Savannah, but right now we’re too small. We’re getting a lot of those requests already and we just have to say, ‘hopefully in a couple of years.’ ”
https://www.savannahnow.com/business...-bigger-future
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  #26  
Old Posted Jan 16, 2019, 7:09 PM
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Finally got some info on a project that first came to light last summer. It's called the Montgomery St Residences and will be a 4-story multifamily building located at Montgomery and W. 32nd.

MONTGOMERY STREET RESIDENCES
The Montgomery St Residences is a proposed 4-story, 135-unit multifamily building that will also feature one neighborhood commercial space and 98 off and on-street parking spaces
Montgomery St Residences-Savannah by brandon walker, on Flickr

Montgomery St Residences-Savannah by brandon walker, on Flickr

Montgomery St Residences-Savannah by brandon walker, on Flickr
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  #27  
Old Posted Jan 18, 2019, 12:06 AM
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Good to see that the city extended the exemptions for this property. I'm really looking forward to see some more details on what they have planned for this site.
City of Savannah rezones property for pending sale, apartment complex
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On Thursday, the Savannah City Council approved a pending buyer’s request to extend some density, lot coverage and parking exemptions to property the city is in the process of selling.

The former Catholic Diocese building is on the southeast corner of Liberty and East Broad streets just outside the Historic District. The property is just past the cut-off point for the exemptions that were adopted by the city in 2017 to encourage more residential development.

The city agreed to sell the property in August for $5.9 million to Standard Southeast LLC. The exemptions will allow the approved buyer to move forward with a plan to develop an apartment community with some commercial space at the site.
https://www.savannahnow.com/news/201...rtment-complex
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  #28  
Old Posted Jan 18, 2019, 2:03 PM
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Thanks for all the updates. Savannah is on beast mode...
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  #29  
Old Posted Jan 18, 2019, 4:20 PM
robertjhajek robertjhajek is offline
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Originally Posted by bigstick View Post
Thanks for all the updates. Savannah is on beast mode...
It really is. Sooo many new hotels opening and announced, can't keep track.

Savannah has lots of room and a perfect grid to keep expanding. It's my favorite US city by far.

Would love to see a 6 mile streetcar from Bay st to Oglethorpe Mall!
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