View Full Version : Triad Tower Update


Matthew
June 30th, 2006, 09:44 AM
It looks like the skyscraper near the airport runway could add a few more floors and reach around 96 meters / 315 feet (22-storey estimate in renderings). It will now be a $100 million investment and include residential condos! It doesn't look as good as a 22-25 storey tower, in my opinion. It needs more setbacks or something? One source is reporting he wants to break ground later this year? I still haven't heard anything on tenants? Has anyone else? The view from the penthouse restaurant of the airport should be very interesting. Do you think the condos will sell in this non-downtown location? I'm guessing you'll see all three downtown skylines from up there? It will also hurt the office market's ability to build a tall tower in an urban downtown setting, which isn't good.

http://www.triadtower.com/home/TTL--Home-top2.jpg
http://www.triadtower.com/home/TTL--Home-tower.jpghttp://www.triadtower.com/home/TTL--Home-blurb.jpg
Notice the suburban looking surroundings. It's a nice design for a 14-storey building, but looks a little odd as a 22-storey building.

http://www.triadtower.com/

Heart of the Triad (aka: Sprawl of the Triad) should not include highrises. Years down the road, when Kernersville has 100,000 residents and the Triad is no longer the Triad, due to four large cities; I'm sure everyone will look back on Heart of the Triad as a bad idea.

cityboi
June 30th, 2006, 03:53 PM
The tower plans wil incude condos, apartments and a two story aqaurium. also plans have expanded to maybe even include an IMAX theater in the Tower. This is Great News. Wish it was downtown

"Updated plans for the taller building include apartments, condos, underground parking, a handful of restaurants, a two-story aquarium -- and, possibly, an Imax theater". It will become Greensboro's second tallest building.
Faulk Properties plans to break ground within the next 3 to 6 months

Also consider what is being done in other cities. a 40 story tower is planned for suburban Raleigh and other cities such as Dallas and Atlanta have tall towers outside of downtown. So its not unusual but I do prefer this building were in downtown Greensboro.

Raleigh-NC
June 30th, 2006, 04:38 PM
Isn't this quite a scaling up? from 12 floors to 22 is not small change, if you ask me. Congratulations!!!

I know that people get a bit worked up when it comes to high-rise developments outside downtown. Personally, I love to have all the big towers in the center, but let's face it, this is not always possible. If I have to choose between a sea of suburban low-rise condo buildings - there are many examples around the country to make you sick - and a nice high-rise, I will choose the latter. No matter how suburban the plan may look, it is far better than ultra-suburban low-rises everywhere. By the way, here is an aerial view of the site. From the air, it doesn't look like an ultra-suburban area, just not fully developed:

http://www.triadtower.com/aerial/TTL-Aerial-1.jpg

The fact that Greensboro is getting its second tallest outside downtown isn't really something to lament about. The 47-story/480ft Soleil Center 1, in Raleigh, was met with skepticism, but deep in our hearts most of us know the significance of having such an iconic tower outside downtown. It serves as a landmark and welcomes the visitors in a way that low-/mid-rises and shopping centers cannot. Now, for the same location, we have two more proposals: the 18-story Soleil Center 2 and the 10-story Creedmoor Tower. I strongly believe that the Triad Tower will eventually attract more development, especially if residential units are included. As for DT Greensboro, it won't be difficult to surpass 315ft in the future. All it will take is a 30+ story tower to bring the title back to the center of GSO. Now, if a 500+ft tower was to be built, it would have been very difficult to take the title. Anyway. Great news for GSO AND the Triad :okay:

wada_guy
June 30th, 2006, 04:51 PM
I have to say this, I sure as heck wouldn't buy there. Between the noise from the jets, and the possibility of an accident in foggy weather, I don't think I could rest well. From the aerial shot, look at how close it is to the end of the runway. Don't you think they could have picked a better spot? :weird: :runaway:

Matthew
June 30th, 2006, 09:18 PM
It was originally a 14-storey tower and the developer wanted to go taller. It has about 50% more floors than the original proposal. I don't think anyone buying a condo in this tower has anything to worry about from the planes...other than noise and lights. The office market will definately take a big blow from this, but I don't think it will have any impact on the condo market. Condos like these attract a differet buyer. It's filling a niche in the market. The question is, how big is that niche? Price will also help sell them. If they are cheap, this will be a great alternative for someone who can't afford a place downtown, but likes (or wants to try) high-rise living. This developer has contacted office tenants in the Triad's downtowns trying to convince them to lease in this building. Not good. If Lincoln National Group takes him up on the offer for their future needs and moves a division there, this will have a huge negative impact on downtown Greensboro.

cityboi
June 30th, 2006, 10:31 PM
I have to say this, I sure as heck wouldn't buy there. Between the noise from the jets, and the possibility of an accident in foggy weather, I don't think I could rest well. From the aerial shot, look at how close it is to the end of the runway. Don't you think they could have picked a better spot? :weird: :runaway:

It will actually be between the flight paths of two runways. A thrid runway is under construction, not shown in the aerial. In a way it does defy logic putting a 22-story tower between the flight paths of an airport but this is still a nice development for Greensboro. apparently its location is not a problem becasue the height of the building was apporve by the FAA.

leaderwolf
June 30th, 2006, 10:34 PM
Do you guys even know what a triad is? Chinese gangsters. :nono:

www.wikipedia.org/wiki/triad

cityboi
June 30th, 2006, 10:35 PM
It was originally a 14-storey tower and the developer wanted to go taller. It has about 50% more floors than the original proposal. I don't think anyone buying a condo in this tower has anything to worry about from the planes...other than noise and lights. The office market will definately take a big blow from this, but I don't think it will have any impact on the condo market. Condos like these attract a differet buyer. It's filling a niche in the market. The question is, how big is that niche? Price will also help sell them. If they are cheap, this will be a great alternative for someone who can't afford a place downtown, but likes (or wants to try) high-rise living. This developer has contacted office tenants in the Triad's downtowns trying to convince them to lease in this building. Not good. If Lincoln National Group takes him up on the offer for their future needs and moves a division there, this will have a huge negative impact on downtown Greensboro.

The price of the condos would likely be less expensive than downtown condos in a similar development. The adding of residential is one reason why the height of the building has grown but Faulk could be having talks with First Horizon which is looking to expand in the Triad area. A regional bank headqaurters would compliment the downtown stadium that has the First Horizon name. Just like in Raleigh where RBC first added their name to Raleigh's arena now they are buildiing a headqaurters there. But the amenties in Triad Tower are great. several restaurants including a top floor restaurant with a public observation deck. This along with a two story aqaurium and IMAX Theater will make this building a destination so I wouldnt be surprise if we see great success in attract tenants here. We may even see some retail shops open in this building. It will definatly be a very unique building for the Triad.

Matthew
June 30th, 2006, 10:58 PM
First Horizon will open their North Carolina headquarters at Winston Tower in Winston-Salem, according to their application with the state, leasing with Winston Tower, reports in the Journal and meetings with Winston-Salem's mayor. They want to be near the other large banking operations in Winston-Salem. It will be a very small office, with only a few employees (about the size of an upstart community bank). Likely one floor or less of Winston Tower.

Triad Tower hasn't recieved approval from the FAA, but it is expected to win approval with no problems.

uptownliving
July 1st, 2006, 01:16 AM
From an urban design standpoint this tower is a total and complete failure....even worse that the planned Soleil tower in Raleigh...but at least the Triad Tower is not going to be built in a flood plain. I pray to God that this tower and the Soleil tower do not get built...this type stuff needs to be built downtown.

Quadrilateral
July 1st, 2006, 03:56 AM
It adds nothing urban being built in the boondocks. It's the equivalent of a 20 McMansion subdivision, functionably, with the bonus of a giant parking lot and a tower with no context. People get worked up about people getting worked up about things like this not getting built downtown. Let's be honest with ourselves though: Greensboro needs and deserves this downtown.

krazeeboi
July 1st, 2006, 04:00 AM
^My thoughts exactly. I just don't think Greensboro's urban core is mature enough to warrant a suburban 22-story tower (in contrast to Dallas, Atlanta, and even Raleigh to an extent).

triadcat
July 1st, 2006, 07:09 AM
I have mixed feelings about this tower. It is tall, has many amenities, and very close to I-40/85 and PTI. This is a very industrial part of suburban Greensboro......airport, interstate, huge oil tanks, and carrier/transportation buildings and companies all in the area.

I too wish this were to be planned for downtown. This is the same type of thing that Durham did with University Tower, and what Raleigh will do with Soleil Center Tower.

krazeeboi
July 1st, 2006, 08:18 AM
Personally, I have nothing against more office space near the airport, but why in the form of a mixed-use tower? Interestingly enough, Charlotte has tons of office space near Charlotte-Douglas, but no towers.

Raleigh-NC
July 1st, 2006, 08:39 PM
I pray to God that this tower and the Soleil tower do not get built...this type stuff needs to be built downtown.Glad to know that God isn't going to take your advice, but listen to the people of North Raleigh instead :lol:

james2390
July 3rd, 2006, 12:07 AM
I like the tower a lot!

I guess I see it as one tower outside downtown is better than no tower at all.

Carolina Blue
July 3rd, 2006, 12:48 AM
I guess I see it as one tower outside downtown is better than no tower at all.
My thoughts exactly. This is a great development.

Raleigh-NC
July 3rd, 2006, 07:06 AM
^^
I second that.

cityboi
July 3rd, 2006, 03:35 PM
^^
I second that.

I agree. Towers, where ever they are built in a city helps build an urban image.

triadcat
July 3rd, 2006, 06:44 PM
I agree. Towers, where ever they are built in a city helps build an urban image.

And the fact that this tower is for the Triad, not just Greensboro.
The more I think about it, the more I like it.
Like you said, this tower is not meant for downtown Greensboro; this tower is for the Triad. Maybe this tower will bring the Triad together more like the Triangle and give it a better sense of community?

cityboi
July 3rd, 2006, 08:20 PM
And the fact that this tower is for the Triad, not just Greensboro.
The more I think about it, the more I like it.
Like you said, this tower is not meant for downtown Greensboro; this tower is for the Triad. Maybe this tower will bring the Triad together more like the Triangle and give it a better sense of community?

You hit it right on the head. Thats why its not being called Greensboro Tower. This is part of an over master plan called "Heart of the Triad" which will bring the Triad cities together.

uptownliving
July 4th, 2006, 12:58 AM
Maybe I would feel a little bit better about this tower if they at least attempted to make some kind of pho urban village with stores and the like on a grid pattern...but nope...it is just a tower in the middle of a sea of parking. There is nothing urban about it at all. This is a suburban tower in the middle of suburbia. Nothing at all designed for the pedestrian. Will it be connected by sidewalks? No. Will it be served by mass transit? No. Is it built on a grid pattern? No.

triadcat
July 4th, 2006, 01:01 AM
Maybe I would feel a little bit better about this tower if they at least attempted to make some kind of pho urban village with stores and the like on a grid pattern...but nope...it is just a tower in the middle of a sea of parking. There is nothing urban about it at all. This is a suburban tower in the middle of suburbia. Nothing at all designed for the pedestrian. Will it be connected by sidewalks? No. Will it be served by mass transit? No. Is it built on a grid pattern? No.

Cityboi has stated over and over that everything you need will be INSIDE this tower. There is no need for stores or villages around this if it is all inside..... :weirdo:

krazeeboi
July 4th, 2006, 01:17 AM
I agree. Towers, where ever they are built in a city helps build an urban image.

Towers have nothing to do with urbanity. I think cities should concentrate on actually building urbanity rather than an urban image.

Mixed-use towers still must be integrated with their surroundings--which is why they work best in an urban context. You can't enjoy a park in a tower. You can't attend a sports event in a tower. You can't go to church in a tower (well, theoretically you can, but why?) You can't enjoy a stroll down Main Street in a tower. If this were JUST an office tower it would be better than a mixed-use tower.

I've seen some of the plans for the Heart of the Triad concept, but what is the overall goal?

uptownliving
July 4th, 2006, 06:59 AM
Cityboi has stated over and over that everything you need will be INSIDE this tower. There is no need for stores or villages around this if it is all inside..... :weirdo:

The only weirdos would be the ones that buy a condo at the tower and never leave the building. lol

triadcat
July 4th, 2006, 07:12 AM
The only weirdos would be the ones that buy a condo at the tower and never leave the building. lol
:weirdo: :lol:

uptownliving
July 4th, 2006, 05:54 PM
So does anyone think that this developer is serious about the Triad Tower. This thing has been on the market for over a year now with not enough people signing leases to make it a go. To me it seems that this is a last ditch effort by the developer to raise enough money to build the thing.

Just curious, is anyone on here going to buy a condo there?

cityboi
July 14th, 2006, 08:40 PM
Falk decides on smaller footprint for Triad Tower
The Business Journal of the Greater Triad Area - 2:25 PM EDT Thursday
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Harry Falk, developer of Triad Tower, a planned 22-story high-rise mixed-use building near Piedmont Triad International Airport, has chosen the smaller of two floorplans for his building.

Falk, who operates Falcon Development Co. LLC, said each floor will be 12,500 square feet. He was also considering floors of 20,000 square feet each.


The plan for Triad Tower calls for a mixture of residential, office and retail space, including at least three restaurants, and would also include an aquarium, observation deck and potentially an IMAX theater.

Falk said the decision to go with the smaller floors was made based "on market demand and to keep the project on schedule for a completion date of Dec. 31, 2007," according to a statement.

The project was first announced in 2004, and was then slated to be a 14-story office project.

Falk said final pricing for lease and purchase of space in the tower will be released on Sept. 15.

"We're seeing significant interest in this project, and we feel confident that once it is completed, it will be a point of destination and point of interest in the heart of the Triad because of the various educational and recreational amenities we plan to offer the citizens of the Triad and the greater Piedmont Triad region," he said.

Raleigh-NC
July 14th, 2006, 10:31 PM
^^
Glad that the tower remains at 22 floors. For a second, I was scared :lol:

Matthew
July 15th, 2006, 03:52 AM
So does anyone think that this developer is serious about the Triad Tower.
I think he seriously wants to build this. He has reduced the size of the floor plates and added condos to cut back on office space in a bad office market. He originally proposed this as a 25-storey, 360 foot all office highrise in 2003 and had to scale it back to 14-floors in 2004. When he proposed this in 2003, he planned to finish it by 2007 and he is doing all he can to make it happen by that date.

I wouldn't have a condo there, but an airport fan, someone looking for a unique condo view or someone working at an airline (pilots/flight crew) may consider living there?

Small floor plate highrise towers like this are usually built for office space users, who usually locate in downtown skyscrapers. Lowrise buildings, with large floor plates attract suburban campus style offices. There are two different kinds of users. Those who like a large floor plate and those who like a small floor plate and that is the problem most people have with this building. It will have a negative impact on downtown and going with a smaller floor plate makes this problem worse.

It will be a very interesting landmark, if it gets built. I will look for it when I'm in the area.

cityboi
July 15th, 2006, 06:06 AM
The building will also include sound proofing so the roaring of planes shouldnt keep people from getting a good night's sleep. I like this project becasue its very unique. and the amenties is just icing on the cake.