Wednesday, August 29, 2007

Quick Update: New life for the Ivy

Kevin's got the scoop over at Bull City Rising on the availability of the former Ivy Room for lease - with a "generous upfit allowance" for renovation. The building, owned for many years by the Julian family of Chapel Hill (of the clothing store) has sat fallow for a very long time due to inaction by the owners. Redevelopment is being handled by Reynolds Maxwell (a VP at Maverick) and his Headwall Development Company. Maverick has handled their historic properties with great aplomb so far, and this will likely be a great addition to a desolate block. It might even get "Gatsby's" to open.

It does add intrigue to the future of the Chancellory site as well. Maverick owns the former Greyhound/Trailways site one block away from this building, which they are using for surface parking. How this puzzle begins to tie together to form an active connection between East Campus and Brightleaf over the next few years will be very interesting to watch.

1 comment:

Anonymous said...

speaking of gatsby's, how do they keep getting permits to "upgrade" that shoddy building? brick turns to vinyl turns to cinderblock and the whole thing looks awful. for some reason, that building just drives me nuts.