An Entity of Type: architectural structure, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

Catalyst is a 27-story 462-unit apartment building on West Martin Luther King Jr. Boulevard in Charlotte, North Carolina. The concrete and glass skyscraper in Third Ward, designed by Smallwood, Reynolds, Stewart, Stewart, was built by Atlanta-based and completed in 2009. Tony Skillbeck, president of Novare Carolinas Development, said that the name reflected the building's status as "a literal catalyst for the red-development and the regeneration of Third Ward" as well as the fact that for many residents, this would be their first home purchase, "a catalyst in our buyers' lives."

Property Value
dbo:abstract
  • Catalyst is a 27-story 462-unit apartment building on West Martin Luther King Jr. Boulevard in Charlotte, North Carolina. The concrete and glass skyscraper in Third Ward, designed by Smallwood, Reynolds, Stewart, Stewart, was built by Atlanta-based and completed in 2009. Tony Skillbeck, president of Novare Carolinas Development, said that the name reflected the building's status as "a literal catalyst for the red-development and the regeneration of Third Ward" as well as the fact that for many residents, this would be their first home purchase, "a catalyst in our buyers' lives." Groundbreaking took place August 29, 2007. A 15-story, 363,000-square-foot (33,700 m2) office building called 440 South Church was built next door by , designed by the same architectural firm. Novare was involved with the office tower, which has Ally Financial as a major tenant. However, Novare was dropped as an operating partner, though keeping its investment, because the company had significant debts that could result in foreclosures, and auditor Deloitte had "substantial doubt about the company’s ability to continue as a going concern." Novare's problems had little effect on the Catalyst project, however. In February 2009, half the Catalyst units changed from condominiums to apartments due to the decline in the condominium market. As of September 18, 2009, one hundred people lived in the building, and about half the units were leased. As of January 2013, the building is 98% occupied with renters. Novare managed Catalyst for "an investment fund controlled by affiliates of Lehman Brothers Holdings" with which the developer "restructured its relationship" in Summer 2009. Novare still owned the land and was building a parking lot. C and J Catalyst bought the Catalyst in 2011 for $103.3 million, or $223,500 per unit. The building was managed by John Joyce. Northwood Ravin LLC currently manages the building for owner C and J Catalyst LLC. Catalyst's first floor contains 19,792 SF of retail space and is leased by Hawthorne Retail Partners. (en)
  • Catalyst est un gratte-ciel de 103 mètres de hauteur et de 27 étages, construit à Charlotte en Caroline du Nord de 2007 à 2009. L'immeuble comporte des logements (condominium). L'architecte est l'agence d'Atlanta, Smallwood Reynolds Stewart Stewart & Associates, Inc. (fr)
  • Catalyst è un condominio di 27 piani, composto da 462 unità abitative, situato in South Church Street a Charlotte, Carolina del Nord. Il grattacielo di vetro e cemento nel quartiere Third Ward è stato progettato dagli architetti Smallwood, Reynolds, Stewart e Stewart ed è stato costruito dalla società di costruzioni di Atlanta, giungendo al completamento nel 2009. Tony Skillbeck, presidente del progetto di sviluppo Novare per North e South Carolina, ha affermato che il nome dell'edificio riflette il suo stato di “catalizzatore del rinnovamento e della rigenerazione del quartiere Third Ward”, ma anche di “evento catalizzatore” nelle vite di tutti coloro che acquisteranno la propria prima casa all'interno del complesso. La cerimonia di inaugurazione ebbe luogo il 29 agosto 2007. La stessa compagnia di architetti si occupò anche della costruzione di un secondo edificio di 15 piani, , realizzato a fianco del Catalyst da e questa volta adibito ad uffici, con una metratura totale di 33,700 m2. Anche il gruppo Novare prese parte alle prime fasi della costruzione di questo secondo edificio, il cui principale affittuario è la compagnia Ally Financial. Tuttavia, il gruppo Novare venne poi dismesso dalla propria posizione di partner operativo (sebbene mantenendo una quota negli investimenti) a causa di significativi debiti che avrebbero potuto risultare in azioni di pignoramento. I problemi del gruppo Novare non ebbero però alcun riflesso negativo sul progetto Catalyst, che già dall'inizio si rivelò essere un notevole successo, tanto che nel settembre 2009 già 100 persone vivevano nell'edificio, e circa la metà delle unità abitative erano state vendute.È proprio in quel periodo che Novare torna nuovamente ad occuparsi della gestione di Catalyst, questa volta per conto di un “fondo di investimenti controllato da affiliati del gruppo Lehman Brothers”. In tempi più recenti, l'interesse degli investitori nei confronti dell'edificio non sembra essere andato perduto. C and J Catalyst, una società a responsabilità limitata gestita dall'investitore John Joyce, ha infatti acquistato l'edificio nel 2011 per un totale di 103,3 milioni di dollari, equivalenti a 223 500 $ per unità. (it)
dbo:architect
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  • 2007
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  • 3 (xsd:nonNegativeInteger)
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  • 27 (xsd:positiveInteger)
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  • Complete
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  • Residential (en)
dbp:caption
  • Catalyst in 2014 (en)
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  • Novare Carolinas Development (en)
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  • 3 (xsd:integer)
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  • 27 (xsd:integer)
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  • 255 (xsd:integer)
dbp:management
  • C and J Catalyst (en)
dbp:name
  • Catalyst (en)
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  • 2009 (xsd:integer)
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  • John Joyce (en)
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  • 2007 (xsd:integer)
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  • Complete (en)
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  • Catalyst est un gratte-ciel de 103 mètres de hauteur et de 27 étages, construit à Charlotte en Caroline du Nord de 2007 à 2009. L'immeuble comporte des logements (condominium). L'architecte est l'agence d'Atlanta, Smallwood Reynolds Stewart Stewart & Associates, Inc. (fr)
  • Catalyst is a 27-story 462-unit apartment building on West Martin Luther King Jr. Boulevard in Charlotte, North Carolina. The concrete and glass skyscraper in Third Ward, designed by Smallwood, Reynolds, Stewart, Stewart, was built by Atlanta-based and completed in 2009. Tony Skillbeck, president of Novare Carolinas Development, said that the name reflected the building's status as "a literal catalyst for the red-development and the regeneration of Third Ward" as well as the fact that for many residents, this would be their first home purchase, "a catalyst in our buyers' lives." (en)
  • Catalyst è un condominio di 27 piani, composto da 462 unità abitative, situato in South Church Street a Charlotte, Carolina del Nord. Il grattacielo di vetro e cemento nel quartiere Third Ward è stato progettato dagli architetti Smallwood, Reynolds, Stewart e Stewart ed è stato costruito dalla società di costruzioni di Atlanta, giungendo al completamento nel 2009. (it)
rdfs:label
  • Catalyst (building) (en)
  • Catalyst (gratte-ciel) (fr)
  • Catalyst (edificio) (it)
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  • Catalyst (en)
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